Montra Electric launches 'Bharat ka Super Auto' campaign for sustainable urban driving - Brand Wagon News financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
This strategic move solidifies the companys commitment to the state s economic development and follows an earlier agreement for investment of Rs 2,500 crore inked in 2021.
Located within the Welspun One logistics and warehousing park in Chinnambedu, Chennai, the facility is projected to commence operations by the second quarter of 2024.
Welspun One Logistics Parks to develop Build-to-Suit facility for Montra Electric (from TIVOLT) thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
Welspun One Logistics Parks (WOLP) has partnered with Montra Electric, the electric vehicle arm of Murugappa Group, to develop a built-to-suit warehousing and assembly space in Chennai. The facility, spread over 3 lakh sq ft, will include a retail experience center and dedicated assembly space for small commercial electric vehicles. It is expected to commence operations by the second quarter of 2024. WOLP s logistics and warehousing park in Chennai is part of a Rs 2,500 crore investment memorandum of understanding with the government of Tamil Nadu. WOLP aims to create a portfolio of 16-18 million sq ft over the next few years.