Hero Electric to set up EV manufacturing in Rajasthan; start production by end of 2023
Jaipur, Sept 26 (KNN) Hero Electric on Monday signed a MoU with Rajasthan government to set up a Rs 1,200 crore worth EV manufacturing plant in the state.
According to the electric two wheeler maker the production will start by the end of 2023.
The unit will be located at Salarpur industrial region over 170 acres.
Speaking about the development, Naveen Munjal, Managing Director, Hero Electric said this mega manufacturing facility is part of our capacity enhancement to boost EV adoption across India.
“It will allow the state to spearhead clean mobility solution shift and promote ecological tourism practices," added Munjal.
Further the CEO of the company, Sohinder Gill said, "Green field facility of this mega size and large budget gives us the opportunity to introduce very energy efficient green manufacturing processes with a healthy blend of automation using robotic arms and the nimble-fingered skills of the local artisan workforce, using the clean solar energy that state provides."
All the current and the upcoming Hero Electric two-wheelers will be manufactured at the proposed facility. (KNN Bureau)