 "Ola, Softbank, electric vehicles, Japanese investor Softbank, Ola Mission Electric, Chinam Netaji Patro, Bhavish Aggarwal, CEO of Ola, Mahindra Electric, Bhavish Aggarwal")
Mobility company Ola, has commenced construction of the world’s largest two-wheeler mega-factory on its 500-acre site.
The Bhavish Aggarwal led company had announced a Rs 2400 crore MoU (memorandum of understanding) with the Tamil Nadu government in December 2020 and rapidly completed the land acquisition in January this year. The firm said it is racing ahead to operationalise its factory in the next few months.
“An estimated more than 10 million man-hours have been planned to bring the factory up in record time, with the first phase becoming operational in the coming months,” said Ola.
Through this entire process, Ola is
