Page 6 - தொழில்நுட்பங்கள் பிரைவேட் லிமிடெட் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Ola founder Bhavish Aggarwal. Photo: Bloomberg March 7, 2021 On around 500 acres in Tamil Nadu’s Krishnagiri district, Ola Electric Mobility Pvt Ltd is building what it calls a ‘Future Factory’, which when fully ready will produce 10 million e-scooters annually, making it the largest two-wheeler maker globally. Given that the land – 260 acres for the plant and 240 acres for two supplier parks – is still in excavation mode, the Bengaluru-headquartered firm has a somewhat audacious plan to start production in the first phase, as early as June. The first phase itself will produce 2 million units, which will be retailed in India and exported. To put that in context, market leader Hero MotoCorp produces around 6.5 million two-wheelers annually and roughly 22-25 million traditional two-wheelers with internal combustion engines are sold in India every year.

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