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Read more about Ola to build Rs 2,400-crore EV manufacturing facility with Siemens on Business Standard. To set up global AI-powered facility in Tamil Nadu, according to a prior deal
By siliconindia | Wednesday, 20 January 2021, 13:30 Hrs Ride-hailing major Ola on Wednesday said it has partnered with Siemens as it looks to rapidly build its upcoming electric vehicle manufacturing facility. This announcement comes on the heels of Ola's Memorandum of Understanding (MoU) with the Tamil Nadu government to invest nearly Rs 2,400 crore towards building this facility. Ola said that the factory which will generate almost 10,000 jobs with an initial capacity of two million units a year will be the largest scooter manufacturing facility in t...
Read more about Ola partners with Siemens for electric vehicles manufacturing facility on Business Standard. The manufacturing facility is coming up in Tamil Nadu
Moneycontrol Pro Weekender | ‘Tis the season to be jolly The growth bounceback expected in the last quarter of this year may be stronger than postulated under baseline assumptions, says an RBI report December 26, 2020 / 12:57 PM IST People wearing protective face masks wait for passengers to arrive at Chhatrapati Shivaji Maharaj International Airport after India cancelled all flights from the UK over fears of a new strain of the coronavirus disease (COVID-19), in Mumbai. (Image: Reuters) Dear Reader, In keeping with the sentiments of the season, the Reserve Bank of India’s assessment o...