In AURIC, Maharashtra, Ather Energy builds an electric scooter manufacturing for Rs 2,000 crore that will produce one million scooters a year.
The announcement made by the state government on Wednesday was met with anticipation. The goal of Ather Energy’s Rs 2,000 crore plan to build an electric scooter manufacturing facility at Aurangabad Industrial City (AURIC) in the Chhatrapati Sambhajinagar district of central Maharashtra is more than just output. It has to do with generating chances. According to Deputy Chief Minister Devendra Fadnavis, the plant would create up to a million automobiles and battery packs a year in addition to creating about 4,000 new employment that will revitalize the neighborhood.
“I recently had a meeting with Swapnil Jain, the founder of Ather Energy, and I’m happy to report that he told me about their fantastic choice that Ather Energy, the top producer of electric scooters, has selected Maharashtra for its third manufacturing facility in Aurangabad Industrial City (AURIC),” says Fadnavis.
This is not simply a Maharashtra-specific development. It concerns the expansion of India’s industry. As Deputy Chief Minister Devendra Fadnavis pointed out, Maharashtra has strong rules for the production of electric vehicles and a business-friendly atmosphere that perfectly align with Prime Minister Narendra Modi’s goals for the nation’s industrial development. This convergence, with the Marathwada area positioned to spearhead the state’s growth story, highlights Maharashtra’s national relevance in the automotive innovation scene.
The opposition attacks the Maharashtra administration led by the Shiv Sena, BJP, and NCP for failing to draw in investment and for letting some expensive projects move to Gujarat. On the other hand, the news of Ather Energy’s new facility comes ahead of the Maharashtra assembly elections, which are scheduled for October.
Ather Energy’s faith in Maharashtra’s business climate and infrastructure is evident in its choice to establish its third manufacturing facility in Aurangabad Industrial City (AURIC). In addition to creating jobs locally, the new plant advances India’s larger objective of strengthening its capacity to produce electric vehicles. This action is in line with the rising need for environmentally friendly transportation options. It emphasizes how crucial local connectivity and pro-business legislation are to drawing large capital into the electric car sector. Positive developments, such better infrastructure and more economic activity, are also anticipated to occur in the surrounding community.
