
Olectra Greentech Ltd
Past performance
About Olectra Greentech Ltd Olectra Greentech Limited, initially established as Goldstone Teleservices Limited in 2000, has evolved through several name changes and strategic amalgamations to primarily focus on manufacturing composite polymer insulators, electric buses, and electric trucks. The company has been a pioneer in the development of various insulator technologies in India, including cross arm insulators and 765KV insulators for transmission lines.
Since 2018, Olectra has expanded its operations into the electric vehicle sector, notably electric buses and trucks. The company has raised capital through strategic partnerships, such as with MEIL Holdings Limited, and has taken significant steps to expand its manufacturing capabilities, including the construction of a new EV facility in Telangana. Olectra has diversified into the E-Tipper market, delivering 51 units in the fiscal year 2023-24, and continues to hold interests in subsidiaries and joint ventures, enhancing its footprint in the renewable energy and EV sectors.
Performance overview
