Olectra Greentech Ltd, a leading electric vehicle manufacturer, has ventured into the production of glass fiber reinforced polymer (GFRP) rebars for the construction sector in India. GFRP rebars are a sustainable alternative to traditional steel rebars, offering higher tensile strength and corrosion resistance. This move by Olectra marks a significant step towards promoting eco-friendly and durable construction practices in the country. The GFRP rebars are expected to revolutionize the construction industry by providing a cost-effective and long-lasting solution for various infrastructure projects. With the increasing focus on sustainable development and green technologies, the demand for GFRP rebars is likely to surge in the coming years. Olectra’s entry into this market segment highlights its commitment to innovation and sustainability. By diversifying its product portfolio, the company aims to cater to the evolving needs of the construction industry and contribute to the government’s vision of building a sustainable future. This strategic decision is expected to create new opportunities for growth and development in the construction sector, further strengthening Olectra’s position as a key player in the Indian market. As the demand for eco-friendly construction materials continues to rise, Olectra’s GFRP rebars are poised to make a significant impact on the industry, setting new standards for quality and durability.