Hero Electric conducts ground-breaking ceremony for second plant
The announcement of a new facility comes months after the company said it plans to raise annual production capacity to 1 million units in the next three years.
Hero Electric performed the ground-breaking ceremony of its second plant in Ludhiana, Punjab. The upcoming facility is located near its existing one, and is aimed at enabling the company to ramp up its production capacity. The new plant will have a capacity of 200,000 two-wheelers.
In a press note, the company said it has been in the business of manufacturing electric two-wheelers for over 14 years and is committed to bringing a positive transformation in the way Indians commute. The greenfield plant is spread across an area of 10 acres.
The announcement of a new facility comes months after the company announced raising its annual production capacity to 1 million units in the next three years.
Naveen Munjal, Managing Director, Hero Electric said, “India's EV revolution rides on two wheels making this the perfect time to expand and grow. The upcoming greenfield plant will aid in delivering the best mobility solution and catering to increased demand for e2Ws. This is our second facility, and as we march ahead, we will invest in expanding capacities to achieve the target of 1 million capacities by 2025.”
Sohinder Gill, CEO of Hero Electric said, “Looking at the opportunity and the long waiting lists, we decided to accelerate the construction of a 200,000-capacity plant at Ludhiana. This plant would be functional in a record time of 7 months using prefab hybrid modular techniques with a focus on green building and sustainability using natural lighting, allowing cross ventilation whilst blocking the heat. The plant layout and the material flow have been designed in collaboration with a Japanese firm to implement some of the modern manufacturing and quality processes and ensuring meanwhile minimum effluents and waste.”
The plant will be a hub for building new battery design and development and futuristic products. The company recently inaugurated dealerships in UP and Kerala and has rolled out the first batch of electric scooters from Mahindra’s Pithampur plant in Madhya Pradesh.
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