Benling on expansion mode in India, to invest Rs 100 crore

Benling, a China-based electric two-wheeler manufacturer, is planning to invest around Rs 100 crore by April 2020 for expansion plans in India.

Paritosh Dey, co-founder and Executive Director, Benling India, was quoted as saying by Business Standard: “By April 2020, Benling will invest Rs 100 crore into Indian market for expanding its manufacturing facilities unit across India.”

A BS report said Benling plans to expand its assembling unit at Manesar, Gurgaon into its first manufacturing unit in India. “The company plans to open its second manufacturing unit in Chennai, followed by manufacturing facilities in Pune in West, Kolkata in East, and Guwahati in North-East.”

Benlin aims to have a full-fledged manufacturing plant in India and establish the country as its second base after China, added the report.

Image Credit : images.financialexpress.com

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