Gati Drives scales rare-earth-free motors for Indian appliance and HVAC OEMs

Ahmedabad-based Gati Drives has begun commercial production of locally sourced ferrite-magnet motors, following a Campus Fund-led pre-seed round. The company is targeting about 5,000 motors a month as it pitches an alternative to imported rare-earth motor systems.

— Source publishedFri, 7 Aug, 2026, 19:10 IST·First seen Fri, 7 Aug, 2026, 19:24 IST·Source YourStory · Capital

What happened

Ahmedabad-based Gati Drives is scaling rare-earth-free motors for Indian appliance and HVAC OEMs. Following an undisclosed Campus Fund-led pre-seed round, it

Key facts

  • Founded in 2023
  • GD60 motor: 60 watts, 92%+ stated efficiency
  • GD90 motor: 94% stated efficiency
  • Motors developed up to 200 watts
  • Pre-seed round announced 23 January 2026; amount undisclosed
  • Ahmedabad plant capacity: about 5,000 motors per month
  • Pilot production: 1,000-2,000 units per month

Why this matters

Gati Drives could be a strategic partnership or acquisition target for appliance, HVAC, and motor-system players seeking local sourcing and reduced rare-earth exposure in India.

What to watch

  • Named OEM pilot wins converting into commercial purchase orders.
  • Monthly output approaching or exceeding 5,000 units with stable rejection and warranty rates.
  • BIS, BEE or application-specific efficiency certifications.
  • Price movements in neodymium magnets, ferrite materials, copper and imported motor systems.
  • Evidence of motor size, noise or efficiency trade-offs affecting OEM product design decisions.
  • Follow-on funding for working capital, tooling and capacity expansion.
  • Secure multi-year qualification and supply agreements with at least one major AC, refrigerator, fan or pump OEM.
  • Publish independently validated efficiency, durability, noise and thermal-performance data against imported rare-earth motor alternatives.
  • Build local supply contracts for ferrite magnets, laminations, copper and controllers to protect cost advantages.
  • Expand production only after demand visibility improves, while investing in automated winding, testing and quality-control capacity.
  • Target government procurement, energy-efficiency programs and OEM localization initiatives that favor domestic motor supply.