- The OEM will invest Rs 100 crore in the state and will be creating 10,000 jobs in the next 2 years in Ghazipur
- OSM factory in Gazipur would focus on the growth market of Uttar Pradesh, Bihar, Bengal and Madhya Pradesh
Omega Seiki Mobility (OSM), part of the Anglian Omega Group of companies and Youth Rural Entrepreneur Foundation (YREF), signed a memorandum of understanding (MoU) to set out the framework under which OSM and YREF will set up a complete electric vehicle manufacturing facility in Ghazipur, Uttar Pradesh. The OEM will invest Rs 100 crore in the state and will be creating 10,000 jobs in the next 2 years in Ghazipur.
Uday Narang, founder, Omega Seiki Mobility, said that they are to partner with Youth Rural Entrepreneur Foundation (YREF). It believes that the electrification of the transport sector is the first step to solve the problems of air pollution which has been plaguing our cities. That’s not all, we at OSM believe that the EVs will also play a major role in targeting one of the biggest problems India is facing now – unemployment
Deb Mukherji, MD, Omega Seiki Mobility, said, “There are almost 6.5 lakh villages in India of which more than a lakh are in Uttar Pradesh. With this programme we want to be a part of the central government’s efforts to generate employment via the Skill India campaign. Ghazipur is a pilot project for OSM and what we are planning to do is manufacture electric vehicles here and customise them based on the customer’s personal and business needs. We will be the first major automotive company to set up a facility in this region and will work closely with the government to put India first. Once the successful implementation of this programme is completed, we will first take the Ghazipur model to Ayodhya and Varanasi and then to the entire country.”
Ghazipur is a pilot project for OSM and what we are planning to do is manufacture electric vehicles here and customise them based on the customer’s personal and business needs.
Growth market of Uttar Pradesh, Bihar, Bengal and Madhya Pradesh
Sunil Singh, CEO, Youth Rural Entrepreneur Foundation, said that the Omega Seiki Mobility and Youth Rural Entrepreneur Foundation is dedicated to work towards creating employment in rural India under the Emblem ‘Mera Rojagar: The soul of India resides in India’. The engagement of Youth Rural Entrepreneur Foundation and Omega Seiki Mobility together will be responsible investment in the electric space for creating electric carts for street vending on electrical two- and three-wheelers.”
He added that the OSM factory in Gazipur would focus on the growth market of Uttar Pradesh, Bihar, Bengal and Madhya Pradesh. India has seven lakh villages and we aim to target all seven lakh villages through the venture.