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Greaves Cotton seeks investors for EV venture; starts 1-mn capacity unit

Plans to invest Rs 700 cr in the sector over 10 years. With e-scooters, e-rickshaws and e-autos, the company currently operates in 85 per cent of the E-mobility sector

Topics
Greaves Cotton  | Electric Vehicles

Shine Jacob  |  Chennai 



Greaves Cotton stock spurts 7% after arm opens EV production facility in TN

Greaves Cotton, a 165-year-old manufacturing major and the largest supplier of engines to three-wheelers in India, is in talks with financial investors to fund its electric vehicle plans.

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First Published: Tue, November 23 2021. 17:44 IST

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