Ola's two-wheeler facility Futurefactory to be run entirely by women

Electric scooter maker Ola Electric on Monday announced that its two-wheeler manufacturing facility called Ola FutureFactory set up in Tamil Nadu will be run entirely by women.

ola futurefactory
A digitally rendered image of Ola FutureFactory rooftop with solar panels
IANS Chennai
2 min read Last Updated : Sep 13 2021 | 2:57 PM IST

Electric scooter maker Ola Electric on Monday announced that its two-wheeler manufacturing facility called Ola FutureFactory set up in Tamil Nadu will be run entirely by women.

"We welcomed the first batch this week and at full capacity, Futurefactory will employ more than 10,000 women, making it the world's largest women-only factory and the only all-women automotive manufacturing facility globally," said Bhavish Aggarwal, Chairman and Group CEO.

Built over 500 acres in Krishnagiri district of Tamil Nadu, the facility will roll out one scooter every two seconds at full capacity.

"It will have 10 production lines running at full capacity. It will be the most advanced two-wheeler factory with 3,000 AI-powered robots built on Industry 4.0 principles," he added.

It will be an integrated manufacturing facility, addressing all needs from battery to finished goods.

In 2020, Ola Electric acquired the Netherlands-based Etergo BV, an innovative electric scooter company known for its award-winning 'AppScooter' for an undisclosed sum and announced its foray into the premium electric two-wheeler market, both globally and nationally.

With European design, strong engineering collaboration and Indian manufacturing and supply chain, Ola Electric said it aims at transforming the more than 100 million-strong global two-wheeler market, including the more than 20 million Indian two-wheeler market, into a clean energy and digital future.

Meanwhile, Ola is all set to start the online sale process of the Ola S1 and S1 Pro electric scooters on September 15.

The company in August had launched the Ola electric scooter in two variants -- S1 and S1 Pro -- at Rs 99,999 and Rs 1,29,999, respectively (ex-showroom including FAME II subsidy and excluding state subsidies).

It had announced that the scooter would be available for purchase from September 8 and deliveries would start in October.

--IANS

wh/khz/bg

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

Topics :OlaTamil Nadutwo wheeler

First Published: Sep 13 2021 | 2:57 PM IST

Next Story