RoadGrid secures Rs 13 crore TDB support for EV charger manufacturing facility
EV charging startup RoadGrid has received Rs 13 crore in Technology Development Board assistance for a Rs 27.5 crore Universal EV Charger manufacturing project. Commercial production is targeted for March 2027, with an initial capacity of 1,000 chargers.
Indian EV charging startup RoadGrid secured Rs 13 crore from the Technology Development Board for a Rs 27.5 crore facility manufacturing its Universal EV Charger. The plant, due to start commercial production in March 2027, will initially target 1,000 chargers and Rs 100 crore annual revenue.
Why this matters
No related recent signals were provided. The TDB-backed project is RoadGrid's disclosed manufacturing plan, targeting commercial production by March 2027.
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