Mahindra Electric

Mahindra Electric opens Rs 1 bn manufacturing facility in Bengaluru

Mahindra Electric Mobility has inaugurated its electric technology manufacturing hub set up with an investment of Rs 1 billion in Bengaluru.

According to the company, with the new facility, its manufacturing capacity will increase to 25,000 units per annum.

In a statement, Mahindra Electric Mobility said branded under the umbrella of +ME technologies, the facility will manufacture battery packs, power electronics and motor assembly which are integral part of an electric power train.

“The plant uses global standards of manufacturing processes and will increase the manufacturing of Mahindra Electric to 25,000 units per annum,” it said.

It added that the facility would create additional direct employment of around 200 people. “The manufacturing hub is the next step by Mahindra in the electric technology space to increase local value addition and bring affordable electric vehicle (EV) technology to redefine mobility in India,” Mahindra and Mahindra Managing Director and Chairman of Mahindra Electric Pawan Goenka said.

Image Credit : timesofindia.indiatimes.com