Chairman Uday Narang outlines growth plans, eyes EV push with new product pipeline and export hub in Middle East.
10 Jul 2025 | 2924 Views | By Darshan Nakhwa
Homegrown electric vehicle manufacturer Omega Seiki Mobility (OSM) is ramping up both its product lineup and international footprint, with a series of upcoming launches and the inauguration of a new facility in the UAE, which is set to roll out its first vehicle by November.
The company plans to ...
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Homegrown electric vehicle manufacturer Omega Seiki Mobility (OSM) is ramping up both its product lineup and international footprint, with a series of upcoming launches and the inauguration of a new facility in the UAE, which is set to roll out its first vehicle by November.
The company plans to launch a fully electric 9-metre low-floor bus for the B2G (business-to-government) segment within the next year, followed by a high-deck luxury e-bus aimed at premium intercity travel in the next 18 months.
“Electric buses are being built in an alliance with a Swedish company. We will look at all the learnings from everybody,” Uday Narang, Founder & Chairman of Omega Seiki, told Autocar Professional. “I think the bus market has a huge opportunity for quality products and long-term sustainability.”
With an annual production capacity of 800 units, Omega Seiki’s upcoming electric bus is targeted at urban fleet operators and government buyers. The 9-metre low-floor e-bus will feature a 190 kW peak power motor and a 195 kWh NMC battery, offering a range of 200 kilometers on a single charge. The battery will support fast charging (0–80% in just 30 minutes) as well as standard charging (6 hours).
The e-bus is expected to capture 40% market share in its category and will be followed by a luxury version for the B2C segment in 18 months, offering premium intercity mobility, the company said.
Omega Seiki is also gearing up to launch a new range of electric trucks–including 1-ton, 3-ton, 7-ton, and 10-ton models–to strengthen its foothold in the commercial EV market. The first to debut will be the MK1A, a 1-tonne electric truck priced under ₹7 lakh, which will compete with Tata Motors' ACE EV.
In addition, Omega Seiki plans to unveil a CNG three-wheeler in the next six months as part of its broader alternative fuel strategy. The company is also exploring hydrogen fuel and green energy solutions, Narang said.
UAE Factory
One of the company's most significant upcoming milestones is the opening of its UAE facility, which will serve as an export hub for the Middle East and African markets.
“In the next two to three months, you’ll hear more about our UAE factory,” said Narang. “The first product is expected to roll out by November. It will cater to markets like UAE, Saudi Arabia, Nigeria, Ghana, Burkina Faso, Ecuador, and South Africa.”
Omega Seiki operates across the two-wheeler, three-wheeler, and four-wheeler EV segments, catering to both passenger and commercial vehicle markets. It has established production facilities in Delhi NCR and Pune, with plans to expand further in southern India.
According to Narang, the company has deployed approximately 20,000 vehicles on the road and now operates a nationwide dealership network of 250 outlets. In FY25, Omega Seiki reported ₹301 crore in topline revenue and has already achieved EBITDA profitability.
“I know in the EV world, EBITDA and PAT positivity are rare,” said Narang. “But we’ve hit EBITDA-positive already, and we’re working towards PAT-positive. Listing OSM on the exchanges is on our agenda in the next 15 months.”