Rs.2807 Million Greenfield Manufacturing Facility Expansion Project in Nashik, Maharashtra
A new greenfield manufacturing facility is proposed at Igatpuri, Nashik, Maharashtra, to enhance electric vehicle production capacity and support a target of 10 lakh EV units annually by 2027. The project includes advanced, sustainable manufacturing systems. Land identification began in September 2025. As of February 2026, modernization investment of Rs.2,807.4 million is planned, with construction scheduled from April to September 2026, pending environmental clearance.
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