IPO-bound technology led manufacturing platform, Zetwerk eyes three more facilities as it scales its ‘universal factory’
IPO-bound Zetwerk is expanding its owned manufacturing footprint even as it continues to pursue an asset-light model, with three manufacturing facilities under construction as of March 31, 2026.
The technology-led manufacturing platform operated 26 owned manufacturing facilities across four countries as of March 31, 2026. Of these, 15 were acquired from third parties and 11 were set up organically, highlighting the company’s dual strategy of building capacity as well as acquiring manufacturing assets.
As of March 31, 2026, Zetwerk’s transformer manufacturing facility at Savli, Gujarat, and CRGO laminations and cores facility at Kherdi, Dadra & Nagar Haveli, became operational in July 2026. As of the UDRHP-1 date, the company was also constructing a solar module manufacturing facility in Sangareddy, Telangana.
As of March 31, 2026, Zetwerk had three manufacturing facilities under construction, as it looks to selectively expand its owned manufacturing footprint in areas where it sees clear demand-supply gaps or where domestic supply chains remain nascent.
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