It will have a manufacturing capacity 100,000 units in its first year of operation, and scalable to one million units a year subsequently.
The unit will be operational by 2021, providing employment to the local population. To be built on the principles of Industry 4.0, the Ranipet Plant will have an advanced automation process for superior manufacturing capabilities, said the company.
Nagesh Basavanhalli, Group CEO & MD, Greaves Cotton
Limited, said, “this move aligns with our mission of decarbonising last mile transportation for a cleaner planet and uninterrupted mobility.”
Roy Kurian, COO, E-Mobility Business (2W & 3W), Ampere Electric, said, “we have strengthened our leadership position in the e-mobility segment and getting ready to cater to the growing demand of customers, channel partners, both in B2B and B2C segments. The manufacturing facility in Ranipet will help us expand our offerings to an ever increasing customer base not just in India but also in other parts of the world.”