Project Work Commenced Electric Vehicles & Battery Manufacturing Private Sector

Rs.318 Million New Front Panel, Cover, Front Fender Mfg. Project in Solan, Himachal Pradesh

Investment
From 100 Million to 999 Million
Stage
Project Work Commenced
Location
Solan, Himachal Pradesh
Last updated
18 Jan 2024

Project summary

A Himachal Pradesh-based electric vehicle manufacturing unit (Unit 4) is initiating a project in Baddi for front suspension, rear grip, and brake panel production. With an estimated cost of Rs.171.5 million, the project, approved in May 2022, commenced in June 2022. The manufacturing plant aims to produce 300,000 units each of front suspension, rear grip, brake panel, and other components for electric vehicles, contributing to sustainable transportation. The project, with an investment of Rs.318.4 million as of January 2024, has received consent from state pollution control authorities.

Project details

SegmentElectric Vehicles & Battery Manufacturing
IndustryAutomotive Industries
Products & capacityFront Panel (300000 Nos/Year), Cover (300000 Nos/Year), Front Fender (300000 Nos/Year), Etc.
DistrictSolan
StateHimachal Pradesh
InvestmentFrom 100 Million to 999 Million
Project typeNew
OwnershipPrivate Sector
StageProject Work Commenced
Last updated18 Jan 2024
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