Announcing the "big investment" in Maharashtra, Deputy Chief Minister Devendra Fadnavis on Wednesday said Ather Energy, the leading electric scooter manufacturer, has decided to establish its third manufacturing facility in the state.
"Big investment in Maharashtra in the automotive sector! Welcome to Maharashtra, Ather! Just got done with a meeting with the Founder of Ather Energy, Shri Swapnil Jain and I'm glad to share that he informed about their great decision that Ather Energy, the leading electric scooter manufacturer, has chosen Maharashtra for its 3rd manufacturing facility in Aurangabad Industrial City (AURIC)," Mr Fadnavis said in a post on X.
He emphasised that the new state-of-the-art plant, to be located in Aurangabad Industrial City (AURIC), underscores Maharashtra's supportive business environment and robust policies for electric vehicle manufacturing.
The selection of Chhatrapati Sambhajinagar (Aurangabad) for this mega investment is a "testament" that this region of Marathwada will now lead Maharashtra's growth story, he stressed.
Speaking about the location, Fadnavis emphasised, "This investment and Ather's selection of Chhatrapati Sambhajinagar is a testament to the fact that this region in Marathwada will now lead Maharashtra's growth story. With effective connectivity via the Samruddhi Expressway, investors are increasingly seeing the potential of this region."
The new facility is expected to have an economic impact, not only boosting Maharashtra's leadership in the electric mobility revolution but also creating ample employment opportunities across the state.
Once operational, the plant will have the capacity to annually produce up to a million units of vehicles and battery packs, contributing substantially to India's sustainable mobility solutions.
(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)
Featured Video Of The Day
Ukraine Uses UK's 'Storm Shadow' On Russia
"Should Drown In Water": D Fadnavis Slams Trolls Over "Reels" Jab At Wife Amruta Fadnavis "He Needs Some Time...": Devendra Fadnavis Snubs Ajit Pawar Ahead Of Polls "Batenge Toh Katenge" Slogan Divides Not Just Allies, But Some In BJP Too Russia's Firing Of ICBM On Ukraine Is Weapon's 1st Combat Use In History Amazon Employee Greets Friend At Wedding, Dies Of Cardiac Arrest This Asian City Is Emerging As Sex Tourism Hub. It's Not Where You Think North Korea's Kim Accuses US Of Escalating Tensions, Warns Of Nuclear War NDMC Launches 'Night Cleaning Drive' Amid Delhi's 'Very Poor' Air Quality Israel Strikes Kill 52 In Lebanon As Hezbollah Targets South Israel Track Latest News Live on NDTV.com and get news updates from India and around the world.