Ola has announced that it will build the largest electric two-wheeler manufacturing industry in the world in India. The company has also entered into an MOU with the Government of Tamil Nadu for this purpose.
Ola has announced that it will build the largest electric two-wheeler manufacturing industry in the world in India. The company has also entered into an MOU with the Government of Tamil Nadu for this purpose. The plant is expected to manufacture up to 20 lakh two-wheelers every year, making it the largest bike maker in the world, Ola said. If the industry is established in Tamil Nadu, it will provide employment to about 10,000 people.
Speaking on the occasion, Ola Company Chairman and CEO Bhavesh Agarwal said, “We are very happy to announce that we are setting up the largest bike factory in the world. This is a key milestone for the Ola organization. It stands as one of the most advanced manufacturing plants in the world. This proves that India can make world-class products. ” While Ola seems to be accelerating their efforts to bring the electric vehicle into the market. Ola plans to sell two-wheelers made in the industry to markets in countries such as Europe, Asia and Latin America. Ola is currently ready to add about 2000 people to the organization.