Current Date: 05 Jul, 2024

Ather Unveils ₹2,000 Crore Mfg Plant in Maharashtra

Ather Energy, a prominent name in the electric vehicle (EV) sector, has announced a significant investment of ₹2,000 crore to establish a new manufacturing plant in Maharashtra. This strategic move is set to boost the company's production capacity and meet the growing demand for EVs in India.

The new facility, sprawling over several acres, will be equipped with state-of-the-art technology to manufacture Ather’s popular electric scooters. The plant is expected to generate thousands of jobs, contributing to the local economy and reinforcing Maharashtra's position as a hub for EV manufacturing.

Ather's CEO expressed enthusiasm about the project, highlighting the company's commitment to sustainable mobility solutions. The plant will also focus on research and development, ensuring continuous innovation in the EV space.

With this expansion, Ather aims to scale up its operations and reduce the waiting period for its products, enhancing customer satisfaction and market penetration. The Maharashtra government has welcomed this investment, emphasizing its potential to drive economic growth and environmental benefits.

News by Rahul Yelligetti

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Source : Projxnews