Ola is racing ahead to build the world’s largest two-wheeler factory

Ola, one of the world’s leading mobility companies, has commenced construction of the world’s largest two-wheeler mega-factory on its 500-acre site.  The company announced a Rs 2400 crore MoU with the Tamil Nadu government in December 2020 and rapidly completed land acquisition in January this year. The company is racing ahead to operationalise its factory…

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Ampere Electric Plans Investment of INR 700 crores for e-mobility manufacturing plant in Ranipet, signs MoU with Government of Tamil Nadu

● Proposed Ranipet facility has potential capacity up to 1 million units per annum● Greaves already invested INR 250-Cr in the acquisition of Ampere and ELE e3W and their scale up sinceJanuary 2019● This facility is likely to be operational by 2021 Two years after its first acquisition in e-mobility, Ampere Electric, the wholly owned…

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