Event Description

The company inaugurated a new manufacturing plant located at Door No. 30/5/1, Survey No. 206/3B, Trichy Road, NagiyyaanThottam, Lakshmi Nagar, Kannampalayam, Coimbatore, Tamil Nadu - 641402 on July 13, 2026.

Capacity Details

  • Existing manufacturing capacity: 180,000 units per annum
  • Existing capacity utilization: Approximately 40% as of March 31, 2026
  • Proposed capacity addition: 60,000 units per annum
  • Total capacity post-expansion: 240,000 units per annum (33% increase)
  • Commencement date: July 13, 2026
  • Implementation timeline: Q2 FY 2026-27

Financial Details

  • Investment required: Up to ₹1 crore (subject to finalization and Board approval)
  • Mode of financing: Internal accruals

Plant Specifications

  • Location: Coimbatore, Tamil Nadu
  • Size: 39,000 square feet
  • Functions: Electric scooter assembly, storage, logistics, and allied business operations
  • Initial production target: 24,000-30,000 electric two-wheelers annually
  • Current employment: 30 direct workers
  • Expected additional personnel: 100+ over coming months

Strategic Rationale

To enhance production capacity, improve regional supply efficiency for southern markets (Tamil Nadu, Karnataka, Kerala, Telangana, Andhra Pradesh, and South Maharashtra), optimize logistics, and achieve greater operating leverage.

Existing Manufacturing Network

  • Ladwa plant, Haryana: 2,63,450 sq. ft.
  • Patan plant, Haryana: 2,52,301 sq. ft.
  • Cuttack plant, Odisha: 30,500 sq. ft.

Company Background and Performance

  • Formerly known as Zelio Auto Private Limited
  • Manufacturer & assembler of electric scooters, bikes, and e-rickshaws
  • FY2025-26 revenue: ₹313.68 crore (81.8% year-on-year growth)
  • 4-year revenue CAGR: 121%
  • Profitable since inception
  • BSE SME listing in October 2025 raised ₹78.34 crore
  • Current dealer network: 400+ across 25+ states
  • Target dealer network: 550+ by FY27
  • Total employee target: 500+ in current financial year

Management Commentary

Kunal Arya, Managing Director, stated: "The launch of our Coimbatore facility marks a major milestone in Zelio E-Mobility's growth journey. South India represents one of the most promising electric mobility markets in the country, and this expansion strengthens our ability to serve customers, dealers, and partners with greater speed and efficiency."