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Ampere Electric Plans Rs 700 Crore Investment In New Manufacturing Plant

Highlights The plant in Ranipet, Tamil Nadu will be operational later in 2021 The 1.4 million square feet plant will have capacity of 1,00,000 units Electric mobility company Ampere Electric has announced phased investment of ₹ 700 crore over the next 10 years, to set up a world class e-mobility manufacturing plant in Ranipet, Tamil Nadu. Ampere Electric, the wholly owned electric mobility subsidiary of Greaves Cotton Private Limited, signed a Memorandum of Understanding (MoU) with the government of Tamil Nadu. The planned Ranipet manufacturing facility, with an area of 1.4 million square feet, will be on the largest state-of-the-art e-mobility manufacturing plants in the country. Ampere Electric offers a range of electric scooters on sale in India

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