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    Home»Others»Omega Seiki plans to launch electric tractor
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    Omega Seiki plans to launch electric tractor

    Finance KhabarBy Finance KhabarNovember 29, 2020No Comments1 Min Read
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    New Delhi: Omega Seiki Mobility aims to bring in multiple electric products including two-wheelers, a four-wheeler cargo vehicle and a tractor over the next two years, as per a top company official.

    The company, which is a part of the Delhi-based Anglian Omega Group, also aims to set up manufacturing facilities across various parts of the country.

    Omega Seiki already has multiple manufacturing sites in Delhi/NCR.

    The company also plans to have around 200 dealerships across the country by the end of next year.

    It has earmarked an initial investment of Rs 200 crore for the projects and going ahead aims to raise another Rs 1,000 crore in order to fund the expansion plans.

    The company would consider taking various routes to raise the required capital to fund various projects, he added.

    “We will try a combination of various things which may include going public, private equity, green bonds etc,” Narang noted.

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