₹25-crore manufacturing facility launched
EBG Group has launched a new manufacturing facility in Hyderabad with an investment of ₹25 crore. This hub will serve multiple business verticals, including electric mobility and consumer electronics, and is expected to create over 450 jobs. The facility is set to expand in size and capabilities over the next year, with plans for further investments.
- ▪The new facility is located in Hyderabad and is operated by EBG Group's arm, Vajram Electric.
- ▪It will support 11 business verticals through a multi-brand production platform.
- ▪The facility is expected to generate more than 450 direct and indirect jobs.
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EBG Group on Wednesday announced the inauguration of a centralised manufacturing, assembly and distribution hub of its arm Vajram Electric in Hyderabad.Set up with an initial investment of ₹25 crore, the facility will support 11 of the group’s business verticals through a unified multi-brand production platform. It will function as a production and logistics hub for the portfolio spanning electric mobility, rehabilitation technology, consumer electronics, construction, F&B infrastructure and sustainable hospitality.More than 450 direct and indirect jobs are expected to be generated. The facility will expand from 25,000 to 50,000 sq. ft. over the next year, EBG said, announcing plans for further investments, including towards automation, capacity expansion and systems integration.
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