The project will make OSM the first automotive OEM to invest in the state.
02 Aug 2021 | 10922 Views | By Autocar Professional Bureau
Omega Seiki Mobility (OSM), part of the Anglian Omega Group of companies, and Youth Rural Entrepreneur Foundation (YREF) have signed an MoU to set up an electric vehicle manufacturing facility in Ghazipur, Uttar Pradesh. The OEM will invest Rs 100 crore in the state and help create 10,000 jobs in ...
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Omega Seiki Mobility (OSM), part of the Anglian Omega Group of companies, and Youth Rural Entrepreneur Foundation (YREF) have signed an MoU to set up an electric vehicle manufacturing facility in Ghazipur, Uttar Pradesh. The OEM will invest Rs 100 crore in the state and help create 10,000 jobs in the next two years in Ghazipur.
Uday Narang, founder, Omega Seiki Mobility said, “The pandemic has thrown at us a major challenge, but it has also brought a plethora of opportunities. We believe that electrification of the transport sector is the first step to solve the problems of air pollution, which has been plaguing our cities. We believe that EVs will also play a major role in targeting one of the biggest problems India is facing now – unemployment.”
Dr. Deb Mukherji, MD, Omega Seiki Mobility said “There are almost 650,000 villages in India of which more than 100,000 are in Uttar Pradesh. With this programme, we want to be a part of the central government’s efforts to generate employments via the Skill India campaign. Ghazipur is a pilot project for OSM. We will be the first major automotive company to set up a facility in this region."
Sunil Singh, CEO, Youth Rural Entrepreneur Foundation said, “Youth Rural Entrepreneur Foundation and Omega Seiki Mobility together will be responsible for investment in the electric space for creating electric carts for street vending on electrical two- and three-wheelers. The OSM factory would be set up in Gazipur of Uttar Pradesh with an aim to focus on the growth market of Uttar Pradesh, Bihar, Bengal and Madhya Pradesh."