On Wednesday ,Bajaj Auto Ltd, India's third largest two-wheeler manufacturer, said it will set up an electric vehicle manufacturing plant at Akurdi in Pune with an investment of Rs.300 crore. The facility, for which the work has already commenced, will have the capacity to produce 5,00,000 Electric Vehicles (EVs) per annum and cater to both domestic and exports markets, the company said in a release. This location (Akurdi, Pune) is also the home of Bajaj's original Chetak scooter factory.
This new manufacturing factory, spread over half-a-million square feet space, will have a production capacity of 5,00,000 units per annum.Bajaj Auto hopes to roll out the first vehicle from this unit by June 2022, 15 years after the plant last produced a vehicle. Auto parts suppliers of Bajaj Auto will invest Rs.On Wednesday ,Bajaj Auto Ltd, India's third largest two-wheeler manufacturer, said it will set up an electric vehicle manufacturing plant at Akurdi in Pune with an investment of Rs.300 crore250 crore to support manufacturing operations. The unit will employ around 800 personnel.
"This alignment reflects our belief that light electric vehicles for sustainable urban mobility is an idea whose time may finally have come," Rajiv Bajaj, Managing Director of Bajaj Auto, said.
Bajaj will deploy 'cutting-edge robotic and automated' manufacturing systems in its upcoming electric vehicle manufacturing plant in Pune. From logistics and material handling, fabrication and painting, assembly and quality assurance, everything will be automated.