EV manufacturing plant to be set up in Pune, Bajaj Auto to invest 300 crores. Bajaj Auto Limited is going to set up a plant to manufacture its electric vehicles in Akurdi, Pune.
The company says that an investment of Rs 300 crore will be made to build this EV manufacturing plant and the plant has already started manufacturing, to produce 5,00,000 Electric Vehicles (EVs) annually and cater to both domestic and export markets. will have the capacity.
The new facility will have state-of-the-art robotic and automated manufacturing systems for everything including logistics and material handling, fabrication and painting, assembly, and quality assurance.
800 people will get employment.
The company says that this plant is likely to be commissioned from June next year in 2022, where after commissioning, about 800 people will get employment.
Let us tell you, where this plant is going to be built, it is the site of Chetak Scooter Factory.
Bajaj Auto MD statement.
Rajiv Bajaj, Managing Director, Bajaj Auto says that all our R&D Drive Train resources are now focused on creating EV solutions for the future.
This alignment reflects our belief that Light Electric Vehicles for Sustainable Urban Mobility is an idea whose time has finally come.
He also added that the investment in the Akurdi facility will complete the virtuous cycle of hi-tech R&D competencies, high-efficiency engineering capabilities, world-class supply chain synergies.
A global distribution network, which will propel the company into a leading position in the electric market in India and abroad.
These facilities will be in the new.
The new facility will have state-of-the-art robotic and automated manufacturing systems for everything including logistics and material handling, fabrication and painting, assembly, and quality assurance.
The investment by Bajaj Auto will be complemented by multiple vendors, who will invest a further Rs 250 crore (USD 33 million).
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