CapEx News
Project News,Updates,Bids & Tenders for Consultants,EPC Contactors,Industrial Suppliers & Service Providers
Ather Energy planning to construct new manufacturing plant to expand capacity
Manufacturing - Oct 09,2023 -Ather Energy, a maker of electric two-wheelers, plans to expand its production capacities with the installation of a new manufacturing facility, according to a report in Hindu Businessline.
According to Ravneet Phokela, Chief Business Officer of Ather Energy, while the location of the new facility is still being considered, it will most likely be located outside of the state of Tamil Nadu, where the company's current plant is located.
According to the publication, once both plants are operating, Ather Energy would be able to manufacture 420,000 units each year. Along with the new manufacturing facility, the company is creating new products in order to gain a larger market share in India.
In addition to domestic expansion, Ather Energy is exploring opportunities for global outreach. Despite its considerable footprint in India's electric two-wheeler market, the company is expected to make its international debut shortly, according to the Hindu Businessline report.
Company : Ather EnergyRecent News
◉ SWELECT Energy secures over 150 MW of solar module - Mar 13,2025◉ RVNL emerges as lowest bidder for Rs 554.64 crore road contract - Mar 13,2025
◉ MoU inked for developing Multi-Modal Logistics Park in Varanasi - Mar 13,2025
◉ Danfoss India to invest Rs 1,200 crore by 2028 - Mar 13,2025
◉ SJVN to develop Rs 9,500 crore pumped storage project - Mar 13,2025
◉ JNPA signs concession agreement for Rs 285-crore agri-processing facility - Mar 13,2025
◉ Montra Electric opens e-SCV manufacturing plant in Chennai - Mar 13,2025