BluSmart founder Anmol Jaggi’s plan to make EVs is pure flight of fancy

A big bang announcement to manufacture electric cars and multiple rollout deadlines later, his publicly listed Gensol Engineering has little to show for except a tadpole-like three-wheeler that is yet to prove itself.

Anmol Singh Jaggi has taken a leaf out of Bhavish Aggarwal’s playbook. Like the Ola Cabs founder, he sees the future of mobility as electric, with India taking the lead in manufacturing electric vehicles. And so, like Aggarwal, Jaggi has embarked upon his EV dreams, despite having no experience in automobile manufacturing.

The first-generation entrepreneur who built Gensol Engineering Ltd—a listed company in the solar EPC (engineering, procurement and construction) and advisory business—with his brother Puneet Singh Jaggi, says his company would start production of its first EVs in February 2024, The Economic Times reported on Sunday. Except, this is …


Pradip K. Saha

Pradip is a co-founder at The Morning Context and leads our newsletters vertical. He has previously worked at The Ken as a staff writer, at Mint as an assistant features editor and the Deccan Chronicle as a copy editor. He works with a slew of expert newsletter writers across subjects and domains. His own writing spans the gig economy, farmers caught in the crossfire of technology, global warming and parents trapped in the edtech wave. Some of his best stories have come at the intersection of technology and human endeavour.

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