Positive impactCompany
Vimag Labs starts production at Haryana plant, plans ₹50 crore investment
Business Standard 1 hr ago·13 Oct 2026, 8:38 am
Vimag Labs, a deep-tech startup, has officially commenced production at its first manufacturing facility in Jhajjar, Haryana. This marks a significant milestone for the company, which produces motor and control systems. The startup has already exported its initial production batch from this new site, signaling its readiness to serve the market.
This development is important for investors as it demonstrates Vimag's transition from an assembly-based model to a domestic manufacturing hub. The planned investment of Rs 50 crore is intended to scale up capacity in a phased manner, potentially boosting the company's long-term growth prospects and operational efficiency.
Investors should monitor the pace of capacity expansion and the volume of future exports from the Haryana plant. Any updates on the utilization of the new facility and the company's ability to meet growing demand will be key factors to watch in the coming quarters.
Key takeaways
- Category: Company.
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