Ultraviolette earmarks ₹200 crore phase 1 investment, targets 1.5 Lakh unit capacity in Karnataka under 5-year expansion plan

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Summarise

Karnataka-backed PLI incentives and a two-phase capex strategy to accelerate EV manufacturing scale-up and global expansion

Ultraviolette Automotive has signed a Memorandum of Understanding (MoU) with the Government of Karnataka on the sidelines of the Invest Karnataka conclave,
Ultraviolette Automotive has signed a Memorandum of Understanding (MoU) with the Government of Karnataka on the sidelines of the Invest Karnataka conclave, | Credits: Ultraviolette Automotive

Ultraviolette Automotive has outlined a five-year investment roadmap to scale up its manufacturing footprint in Karnataka, with a phased expansion strategy that combines brownfield capacity enhancement and a new greenfield facility.

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The Bengaluru-based electric two-wheeler maker has signed a Memorandum of Understanding (MoU) with the Government of Karnataka on the sidelines of the Invest Karnataka conclave, aiming to leverage production-linked incentives (PLI) and faster regulatory clearances to accelerate execution.

Phased capex to lift manufacturing scale

As part of the plan, the company will invest ₹200 crore in the first phase to expand its existing manufacturing capacity. The second phase involves setting up a new production facility in Karnataka with an annual capacity of 1.5 lakh units, marking a significant scale-up in its production ambitions.

The proposed investment is expected to generate employment, deepen localisation, and strengthen the state’s EV manufacturing ecosystem, in line with Karnataka’s push to attract high-value clean mobility investments.

Ecosystem advantage drives expansion

“Karnataka has been central to Ultraviolette’s vision of ‘Make in India for the world’. This proposed expansion reflects our confidence in the state’s forward-looking EV ecosystem, talent, and policy support,” said Narayan Subramaniam.

Highlighting the state’s engineering depth and supplier base, Niraj Rajmohan added that the company’s R&D journey has been closely tied to Karnataka, enabling it to build globally competitive products from India.

Ultraviolette, known for its performance electric motorcycles such as the F77, is also expanding its retail footprint, with over 40 experience centres currently operational and plans to scale this to 100 cities by end-2026.

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Beyond the domestic market, the company has entered 12 European countries, positioning itself among the first Indian electric two-wheeler manufacturers to establish a presence in the region, with further expansion planned across Asia and Latin America.

The investment plan underscores a broader shift among EV startups towards scaling manufacturing capacity amid rising demand and increasing policy support at the state level.

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