Thread Starter #1
- Jan 16, 2016
Bajaj Auto has announced an investment of ₹ 300 crore ($ 40 million) investment and commenced work at a brand new manufacturing unit at Akurdi, the site of the original Chetak scooter factory. The new manufacturing unit will have a capacity of 500,000 electric vehicles per annum, and the first vehicle is expected to roll out from the new facility by June 2022. The manufacturing facility is expected to generate incremental employment for over 800 people, and will manufacture electric vehicles both for the domestic market as well as overseas markets.