Olectra Greentech plans to build 10,000-unit annual manufacturing capacity for electric buses and trucks within two to three years. The company expects India’s electric bus market to reach about 20,000 vehicles annually, targeting a 40-50% share through expanded capacity. Olectra will invest ₹600 crore, including ₹450 crore for next-generation vehicle platforms and ₹150 crore for infrastructure.
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