Electric Mobility, the e-mobility arm of Greaves Cotton Limited and one of the
market leaders in the E-2W and E-3W segments, inaugurated its largest EV
production facility in Ranipet, Tamil Nadu. The 35-acre plant built to preserve
the green terrain surrounding the site is located in the Industrial Centre of
Tamil Nadu and will serve as an electric mobility hub for both domestic and
plant is part of the Rs 700 crore investment roadmap announced by the company
to expand its growing share in the Indian electric vehicle market. The company
currently enjoys the fastest growing market share in a keenly contested
electric mobility segment. The new manufacturing plant is also in accordance
with flagship initiatives of the Government such as Make in India and
Atmanirbhar Bharat to promote indigenous capabilities in manufacturing.
Ranipet plant will have capacity to produce 120,000 units per annum by end of
this fiscal year and gradually ramp up to 1 million units per annum in near
future. The facility will be operational with 70% women in the workforce.
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