Bike India

Best Bikes in India | No.1 Two Wheeler Magazine

  • Home
  • News
    • Upcoming Launches
    • Latest News
    • New Bike Launches
  • Reviews
    • First Ride
    • Road Test
    • Comparison
  • Features
  • BI Garage
  • BI Videos
  • Subscribe
  • NG Auto
    • AUTO COMPONENTS INDIA
    • CAR INDIA
    • COMMERCIAL VEHICLE
  • Brands

Plans Announced: Ola Scooter Factory in Tamil Nadu

December 15, 2020 by Joshua Varghese Leave a Comment

Tweet

The upcoming Ola scooter factory is expected to be the largest of its kind in the world.

The upcoming Ola scooter factory is expected to be the largest of its kind in the world.

The proposed Ola scooter factory that is going to be set up in Tamil Nadu will be drawing off a Rs 2,400-crore investment. Once up and running, the factory is expected to have a capacity of a whopping 20 lakh units per year and will create up to 10,000 jobs. The Memorandum of Understanding (MoU) was signed on 14 December, 2020 with the Government of Tamil Nadu.

Ola claim that this move is in line with the Prime Minister’s vision for a self-sustained India because in the coming years it will reduce the country’s dependence on foreign nations for electric vehicles; well on its way to becoming a flourishing sector. In addition to creating employment opportunities, the Ola scooter factory will also boost local manufacturing and improve the country’s technical expertise. It will also enhance India’s presence in the electric vehicle (EV) space. Ola further mentioned that with India’s repository of unique skill-sets, manpower and demography the country could very well become a leading figure when it comes to manufacturing EVs. The factory will cater to the needs of the Indian market and also produce products for export to markets including Europe, Asia and Latin America. The launch of the first product from this range is not too far off.

Bhavish Aggarwal, Chairman and Group CEO, Ola, said, ‘‘We are excited to announce our plans to set up the world’s largest scooter factory. This is a significant milestone for Ola and a proud moment for our country as we rapidly progress towards realising our vision of moving the world to sustainable mobility solutions across shared and owned mobility. This will be one of the most advanced manufacturing facilities in the world. This factory will showcase India’s skill and talent to produce world-class products that will cater to global markets.”

To know more about the Ola electric scooter, check out our previous story.

Story: Joshua Varghese

Joshua Varghese – who has written 493 posts on Bike India.


Email

Related posts:

Triumph Speed Triple 1200 RS Launched Internationally; India Launch on 28 January
Ducati India Launch More Affordable Scrambler Models
Hero MotoCorp Aim For 10 New Models Every Year
Tweet

Filed Under: Latest News, News Tagged With: 2020, bike, Electric Scooter, Etergo, India, latest, new, news, ola, shared mobility

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

   ⟲  


* Copy This Password *

* Type Or Paste Password Here *

Future Mobility Show (FMS 2021)

February 2021

Bike India - India's no. 1 two-wheeler magazine

15th Anniversary Special

Bike India - India's no. 1 two-wheeler magazine

Anniversary Ride to the Isle of Man with Freddie Spencer and Sid Lal

TVS Ntorq Ncounters I – Navigating the Night

BMW G 310 GS Explores Nagaland

SPECIAL Featured Story

Yamaha FZ-X 250 ADV Incoming

Yamaha FZ-X 250 ADV Incoming

India Yamaha Motor have filed a trademark for the FZ-X moniker, with the bike likely to be a 250-cc adventure-focused option.

More about this.

Car India and Bike India Awards 2019

Recent Posts

  • February 2021
  • BMW G 310 R BS6 – Bavarian Brat
  • Triumph Speed Triple 1200 RS Launched Internationally; India Launch on 28 January
  • Ducati India Launch More Affordable Scrambler Models

Car India

Car India Magazine - Get your Digital Subscription

Latest News

Triumph Speed Triple 1200 RS Launched Internationally; India Launch on 28 January

Ducati India Launch More Affordable Scrambler Models

Hero MotoCorp Aim For 10 New Models Every Year

2021 Honda Grazia Sports Edition Launched at Rs 82,564

Subscribe to Car India

Subscribe to our Car India Magazine

Bike India: India’s no. 1 two-wheeler magazine

BIKE India covers the two-wheeler industry in its entirety, both from the local and the international perspective. Also delivers the most definitive verdict on machinery and performance by explaining the hows, whys, and whats on every new bike in a lucid and user-friendly manner. BIKE India is the India’s most authoritative two-wheeler publication, a magazine for people with a passion for bikes and everything to do with their history and heritage.
SiteMap

Copyright © 2021 · BIKE INDIA INDIA’S NO. 1 TWO WHEELER MAGAZINE, BY FAR! ·