Ultraviolette Invests ₹779 Crore In Tamil Nadu Plant

Ultraviolette Automotive, an electric motorcycle manufacturer, is investing ₹779 crore in a new production facility in Hosur, Tamil Nadu, to expand its manufacturing capacity and strengthen its presence in India's growing electric two-wheeler market.

The upcoming plant will have an initial annual production capacity of 250,000 vehicles, which can be scaled up to 500,000 units depending on demand. This new facility will add to Ultraviolette's existing manufacturing unit near Bengaluru, which has an annual production capacity of around 50,000 vehicles.

The company, backed by Qualcomm and TVS Motor, is increasing its manufacturing capacity to meet the growing demand for its products. Ultraviolette currently sells premium electric motorcycles such as the F77 and X47, but plans to expand into more affordable segments with the launch of the Shockwave motorcycle priced below ₹2 lakh and the Tesseract scooter priced under ₹1.5 lakh.

The Indian electric two-wheeler market has been gaining momentum, with sales crossing 1.03 million units in the first eight months of 2026, according to government data. Industry estimates suggest that electric two-wheelers could account for 40-45% of the segment by FY30.

Ultraviolette's investment will be spread over five years and will be funded through internal reserves, equity, and future cash flows, with limited dependence on debt. The company chose Hosur as the location for its new plant due to its proximity to its Bengaluru research and development centre and access to an established automotive supplier network.

The company expects domestic demand for its scooters to reach at least 10,000 units a month, potentially putting it in competition with established electric two-wheeler players such as Ola Electric and Ather Energy. Ultraviolette sold more than 3,000 electric motorcycles globally in the first half of the year and expects exports to Europe and Latin America to rise to 25% within five years.

The expansion of Ultraviolette's manufacturing capacity is expected to support the company's mass-market expansion plans. With the growing demand for electric two-wheelers in India, Ultraviolette's investment in the new plant is a strategic move to strengthen its position in the market.

The Indian government has been promoting the adoption of electric vehicles, and the electric two-wheeler market is expected to continue growing in the coming years. Ultraviolette's investment in the new plant is a significant step towards meeting the growing demand for electric two-wheelers in India.

In conclusion, Ultraviolette's investment of ₹779 crore in the new plant in Hosur, Tamil Nadu, is a significant move to expand its manufacturing capacity and strengthen its presence in the Indian electric two-wheeler market. With the growing demand for electric two-wheelers, the company is well-positioned to capitalize on the opportunities in the market.

The investment is also expected to have a positive impact on the local economy, with the creation of new jobs and opportunities for suppliers and vendors. As the Indian electric two-wheeler market continues to grow, Ultraviolette's expansion plans are expected to play a significant role in shaping the future of the industry.

Overall, Ultraviolette's investment in the new plant is a significant step towards meeting the growing demand for electric two-wheelers in India and strengthening its position in the market. With its expansion plans and strategic location, the company is well-positioned to capitalize on the opportunities in the Indian electric two-wheeler market.