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Company News: Companies Analysis, Updates & Insights | The HinduBusinessLine

Boiler blast at Vedanta plant in Chhattisgarh kills 11, injures 22 Madhya Pradesh CM says basmati rice from the State is exported to 47 nations IMD forecast of below-normal Indian monsoon poses risk to agriculture, economy Sify data centre arm IPO on track and will be timed with market conditions, says CFO BALCO deploys AI humanoid agent for real-time training, operations and safety Funskool clocks $40 million revenue in FY26, despite tariff headwinds Val-Met Engineering secures ₹200 crore funding from Nuvama Crossover Opportunities Funds BEML secures $36.38 million export order from West Asia region Chitale Bandhu Mithaiwale to inaugurate new production facility near Pune NCLT allows personal guarantee case against Videocon promoter Dhoot No immediate impact of US blocking Iranian vessels on India’s crude cargoes Indian spacetech startups shift gears from R&D to scalable manufacturing Protest by factory workers in Noida, Faridabad turns violent Sharon Pais takes over as Head of Myntra Nadir Godrej to retire as chairperson, Pirojsha Godrej named successor APAC emerges as growth engine amid data sovereignty push: IBM’s Hans Dekkers Unicharm India expands Diabetes Care portfolio Sarovar Hotels sees traction in tier II cities, pilgrimage towns Motherson Sumi Wiring says no impact on operations amid Noida labour protests Aster DM Healthcare invests ₹96 cr to expand Aster Whitefield by 159 beds Ola Electric launches S1 X+ 5.2 kWh with 4680 Bharat Cells India’s active LED display market hits ₹2,000 crore China’s TCL is said to consider stake sale in India TV business Strengthening R&D, investment key for Indian drugmakers to lead globally: Nadda Piper Serica deploys ₹210 crore in 33 start-ups; to invest remaining ₹63 crore in 2-3 months NCLAT adjourns hearing on Vedanta plea against selection of Adani's bid for JAL GE Aerospace signs contract with Indian Air Force to help establish in-country depot for F404-IN20 engines RateGain launches AI-driven hotel marketing certification programme Q4 Results This Week: HDFC Bank, ICICI Bank, Wipro, Just Dial among 42 companies reporting GE Aerospace scales AI from pilots to production; India anchors global capability
Oben Electric eyes Kerala expansion; launches Rorr Evo el...
By BL Kochi Bureau · 2026-05-21 · via Company News: Companies Analysis, Updates & Insights | The HinduBusinessLine
Harshvardhan Deshmukh, Vice President of Sales & Network Development at Oben Electric 

Harshvardhan Deshmukh, Vice President of Sales & Network Development at Oben Electric 

Oben Electric, one of the fastest-growing R&D-driven electric motorcycle manufacturer, has announced plans to strengthen its presence across Kerala with the addition of 10 new showrooms across the State by the end of FY27.

The expansion will extend the company’s presence to all 14 districts in Kerala, further strengthening accessibility to electric motorcycles, after-sales support and customer engagement across one of the country’s fastest-growing EV markets.

The announcement comes amid strong nationwide demand for the newly launched Oben Rorr Evo, which recorded over 25,000 bookings within just 15 days of launch following its debut on April 30.

As part of its Kerala market expansion, Oben Electric also showcased the Oben Rorr Evo in Kochi. The company currently operates seven showrooms across Kerala, including Kochi, Thiruvananthapuram, Thrissur, Malappuram, Palakkad, Kondotty and Alappuzha.

Kerala continues to remain one of Oben Electric’s strongest-performing markets, driven by rising demand for high-performance electric motorcycles and increasing EV adoption across the state. As per VAHAN CY25 registration data, Oben Electric currently ranks as Kerala’s No.1 electric motorcycle brand by registrations.

Madhumita Agrawal, Founder & CEO, Oben Electric said, “Kerala has emerged as one of our strongest growth markets, with customers showing strong preference for high-performance electric motorcycles. With our planned expansion across all 14 districts in Kerala by the end of FY27, we aim to bring the complete Oben ownership experience closer to customers through wider retail reach, dependable after-sales support and a strong service network.”

The vehicle is offered at an introductory price of ₹99,999 (ex-showroom) for the first 10,000 customers and ₹1,24,999 (ex-showroom) thereafter.

Oben Electric currently operates through 150+ showrooms and dedicated service centres across 100+ cities in 18+ states, with plans to add 200 additional exclusive showrooms across India by the end of FY27. The vertically integrated manufacturing facility in Bengaluru has an annual production capacity of 1 lakh motorcycles and the company designs and manufactures all critical EV components in-house, including LFP batteries, motors, vehicle control units (VCUs), chargers and proprietary software systems.

Published on May 21, 2026