Market opens for the second consecutive day due to slight decline, Sensex below 40 thousand | Editorji Hindi
  1. home
  2. > बिज़नेस
  3. > लगातार दूसरे दिन मामूली गिरावट से खुला बाजार, सेंसेक्स 40 हजार से नीचे
replay trump newslist
up NEXT IN 5 SECONDS sports newslist
tap to unmute

Ola Begins Construction Of Upcoming Plant In Tamil Nadu

Feb 26, 2021 21:28 IST

Ola Electric has announced the commencement of construction at its upcoming two-wheeler manufacturing facility in Tamil Nadu. This will be the world's largest two-wheeler production plant and the mega-factory will be set-up on a 500-acre site. Ola signed a Memorandum of Understanding with the Tamil Nadu government in December 2020 and the land acquisition was completed in January this year. Ola has invested ₹ 2,400 crore in the facility and construction is underway in full swing. The first phase will be operational in the next few months and will be able to produce 2 million electric scooters per year in the first phase. The company’s e-scooter will be launched later this year in India.