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Olectra Greentech extends cooperation agreement with BYD Auto Industry

03 Apr 2024 Evaluate

Olectra Greentech has extended cooperation agreement with BYD Auto Industry for manufacturing and maintaining electric buses until December 31, 2030. Both Companies had previously entered into a Co-operation Agreement and they desire to continue with this cooperation considering there is a good potential in Indian market for Electric Buses and in order to address the market requirements more competitively.

Olectra Greentech is primarily engaged in the manufacturing of composite polymer insulators and electrical buses.


Peers
Company Name CMP
Tata Motors 432.95
Ashok Leyland 155.40
Force Motors 17080.00
Olectra Greentech 1171.35
SML Mahindra 6524.65
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