Olectra Greentech Limited has formally opened its new electric bus manufacturing facility in Hyderabad, Telangana, marking a significant stride in India’s adoption of electric vehicles. The greenfield plant at Seetharampur not only boosts domestic production capabilities but also propels the nation toward cleaner and more sustainable public transportation.
Phase I Operations: Key Highlights
The Hyderabad factory commenced its Phase I business activities on December 31, 2025, as announced to the financial markets. The facility’s initial capacity enables the annual production of 2,500 electric buses in a single shift. This is just the beginning, with Phase II aiming to double capacity to 5,000 units per year.
Quick Facts at a Glance
- Start Date: December 31, 2025 (Phase I operations)
- Current Capacity: 2,500 electric buses per year
- Future Capacity (Phase II): 5,000 buses per year
- Facility Focus: Dedicated exclusively to electric bus manufacturing
- Location: Seetharampur, Hyderabad, Telangana
Strategic Importance for India’s EV Landscape
This new plant is a game-changer for India’s public transportation infrastructure, offering a timely response to the rising demand for electric buses from state and city transport undertakings (STUs). By manufacturing at scale domestically, Olectra Greentech helps reduce the country’s reliance on imports and accelerates the government’s clean mobility initiatives.
Government and Market Impact
- Government Support: Multiple contracts for electric buses have been signed at both national and state levels, increasing the pressure on manufacturers to scale up quickly.
- Market Response: The launch of Phase I led to a 0.42% rise in Olectra Greentech’s stock price, reflecting investor confidence in the company’s growth and the long-term outlook for electric mobility.
Specialized Production: Focus on Electric Buses
Unlike mixed-use automotive plants, the Seetharampur facility is dedicated solely to electric buses. This specialization allows Olectra Greentech to optimize production processes, integrate cutting-edge EV technologies, and streamline manufacturing for maximum efficiency.
Community and Regional Benefits
The Hyderabad EV plant is not just a boost for the national EV mission but also brings significant advantages to Telangana:
- Job Creation: Generating skilled employment opportunities
- Supply Chain Development: Supporting local suppliers and industries
- Regional Leadership: Establishing Telangana as a hub for electric vehicle manufacturing
Future Expansion: Phase II and Beyond
Olectra Greentech has already laid out plans for the next phase of expansion, which will double the plant’s annual capacity to 5,000 electric buses. This positions the Hyderabad factory among the country’s largest EV bus manufacturing facilities, ready to meet the growing needs of Indian cities.
Compliance, Transparency, and Investor Confidence
In line with best practices, Olectra Greentech has kept its project lender, the State Bank of India (SBI), informed of all developments. The company’s transparent approach, led by Vice President and Secretary P. Hanuman Prasad, underscores its commitment to regulatory compliance and ethical business operations.
Conclusion
The launch of Phase I operations at Olectra Greentech’s Hyderabad facility represents a major leap forward for India’s electric vehicle ecosystem. By significantly increasing domestic output and supporting the government’s clean transportation goals, Olectra Greentech is poised to play a pivotal role in the country’s journey toward environmentally friendly and reliable public transit. With Phase II on the horizon, the company stands ready to shape the future of electric mobility in India.
FAQs
Phase I operations began on December 31, 2025.
The facility can produce 2,500 electric buses annually in Phase I.
The plant’s total capacity will reach 5,000 buses per year after expansion.
The plant is situated in Seetharampur, Hyderabad, Telangana.
It supports the growing need for electric buses, boosts domestic manufacturing, and advances clean public transportation across the country.