Author – Ritesh Ranjan: IIT Madras-incubated company will scale production, deepen R&D and create more than 500 high-skilled jobs over the next three years
Plugzmart, a Tamil Nadu-based electric vehicle charging technology company incubated at IIT Madras Research Park, has signed a Memorandum of Understanding with the Government of Tamil Nadu to invest ₹100 crore in the state. The agreement will support the expansion of the company’s manufacturing capacity, research and development operations and electric vehicle charging infrastructure ecosystem.
The MoU was signed during the Vettri Tamil Nadu Investment Conclave 2026 held in Chennai on 13 August 2026, in the presence of Tamil Nadu Chief Minister Thiru C. Joseph Vijay. The investment is expected to create more than 500 direct high-skilled jobs over the next three years in areas including hardware engineering, power electronics, embedded software and advanced manufacturing.
Scaling EV charger production
Plugzmart plans to use the investment to expand its manufacturing facility at Oragadam, Vallam, one of Tamil Nadu’s major industrial and automotive hubs. The facility will support higher production volumes and enable the company to respond to growing demand from electric vehicle manufacturers, fleet operators, charge point operators and public infrastructure projects.
The company designs and manufactures a broad range of indigenous charging solutions, including AC chargers and DC fast chargers from 3.3 kW to 360 kW. Its portfolio also includes ARAI-compliant charger controllers, Power Line Communication modules and cloud-native Charger Management Systems.
The IIT Madras Research Park identifies Plugzmart as an EV charging OEM and software startup offering indigenous AC and DC fast chargers, proprietary controller and PLC modules, and an IoT-enabled, AI-driven charging management platform.
Creating advanced technology jobs
The planned expansion is expected to generate employment opportunities for engineers, software developers, power electronics specialists, production managers and skilled technicians. These jobs will support Tamil Nadu’s growing position as a centre for advanced manufacturing and electric mobility.
Mr. Vivek Samynathan, Co-Founder and Chief Executive Officer, Plugzmart, said Tamil Nadu has created a strong ecosystem for advanced manufacturing and electric mobility. He added that the company aims to build world-class EV charging technology from the state while supporting India’s transition to sustainable transportation.
Mr. Ragavendra Ravichandran, Co-Founder and Chief Operating Officer, said the investment would help Plugzmart develop scalable charging solutions for original equipment manufacturers, fleet operators, charge point operators and public infrastructure projects.
Supporting India’s EV transition
The demand for EV charging infrastructure is expected to increase as electric two-wheelers, cars, buses and commercial vehicles become more common. Reliable chargers, connected software platforms and efficient power management systems will be essential for building user confidence and supporting the expansion of electric mobility.
Plugzmart’s full-stack approach combines physical charging hardware with software, communication modules and cloud-based monitoring. This can help operators track charger performance, manage usage, identify faults and improve the overall reliability of charging networks.
The company already works with automotive OEMs, fleet operators, charge point companies and public-sector organisations. Its latest investment is expected to strengthen these partnerships and accelerate the deployment of indigenous EV charging technology.
Tamil Nadu strengthens its EV leadership
Tamil Nadu has emerged as one of India’s leading automotive and electronics manufacturing destinations. The state’s existing industrial base, engineering talent and supply-chain ecosystem provide a strong foundation for EV innovation.
Plugzmart’s ₹100 crore investment adds momentum to that growth and supports the state’s ambition to become a national hub for electric vehicle manufacturing and charging infrastructure. By combining local manufacturing, deep-tech R&D and skilled employment, the company’s expansion could contribute significantly to India’s clean mobility objectives.
Conclusion
Plugzmart’s ₹100 crore investment in Tamil Nadu marks a significant step in strengthening India’s domestic EV charging ecosystem. By expanding its manufacturing facility, investing in research and development, and creating more than 500 high-skilled jobs, the IIT Madras-incubated company is positioning itself to meet the growing demand for reliable and locally developed EV charging solutions.
The expansion is also expected to strengthen Tamil Nadu’s position as a major hub for electric mobility, advanced manufacturing and clean technology. With products ranging from AC and DC fast chargers to charger controllers, communication modules and cloud-based management systems, Plugzmart’s integrated approach could play an important role in supporting automotive manufacturers, fleet operators, charging companies and public infrastructure projects.
As electric vehicle adoption continues to grow across India, investments in indigenous charging technology and manufacturing capacity will be critical to building a scalable and dependable EV infrastructure network.
FAQs
1. How much is Plugzmart investing in Tamil Nadu?
Plugzmart has signed a Memorandum of Understanding with the Government of Tamil Nadu to invest ₹100 crore in expanding its EV charging manufacturing, research and development operations and related technology capabilities in the state.
2. How many jobs will Plugzmart’s investment create?
The planned expansion is expected to create more than 500 direct high-skilled jobs over the next three years, including opportunities in hardware engineering, embedded software, power electronics, manufacturing and production management.
3. Where will Plugzmart expand its manufacturing facility?
Plugzmart plans to expand its manufacturing operations at Oragadam, Vallam, Tamil Nadu, an important automotive and industrial manufacturing hub.
4. What types of EV chargers does Plugzmart manufacture?
Plugzmart develops indigenous AC chargers and DC fast chargers ranging from 3.3 kW to 360 kW. Its portfolio also includes charger controllers, Power Line Communication modules and cloud-based Charger Management Systems.
5. How will the Plugzmart investment support India’s EV ecosystem?
The investment will increase domestic EV charger manufacturing capacity, strengthen R&D, generate skilled employment and help provide scalable charging solutions for EV manufacturers, fleet operators, charge point operators and public infrastructure projects.