Blog
Planify news
Ather Energy to invest ₹2,000 crore to set up third plant in Maharashtra
  • Ather Energy to invest ₹2,000 crore to set up third plant in Maharashtra

    27 June 2024

    Electric two-wheeler maker Ather Energy announced plans on Wednesday to establish its third manufacturing facility in Maharashtra, with an investment exceeding ₹2,000 crore, according to state Deputy Chief Minister Devendra Fadnavis.

    The new facility, located at Bidkin within Aurangabad Industrial City (AURIC), will produce electric two-wheelers as well as battery packs, as stated by Ather Energy in a press release.

    Image

    Stay Connected, Stay Informed –

    Join Our

    WhatsApp

    Channel!

    Don’t miss out on exclusive updates, market trends, and real-time investment opportunities. Be the first to know about the latest unlisted stocks, IPO announcements, and curated Fact Sheets, delivered straight to your WhatsApp.