Okinawa Autotech announced the launch of its mega factory near Karoli in Rajasthan. The project is expected to be rolled out October 2023 onwards and will see an investment of around Rs 500 crore.
The company in a statement said that the mega factory will have state-of-the-art production facilities, which is a significant step towards creating an integrated EV ecosystem in the country. This is the company's third plant after the two factories in Rajasthan. The latest factory, which is planned to be spread across 30 acres, is expected to create employment opportunities for more than 5000 people.
Jeetender Sharma, Founder and MD, Okinawa Autotech, said, “The R&D facilities planned in the mega factory will be futuristic to ensure we meet the sector's demand ahead. The mega factory will not only concentrate on the manufacturing of vehicles. It will also have a supplier park that will take account of motors, controllers, battery packs and other electrical parts meant to support the complete EV ecosystem".
As per the company statement, the new plant will be fully automatic for manufacturing electric two-wheelers along with the automation for powertrain manufacturing. It will consist of an in-house automatic robotic battery manufacturing unit along with an in-house motor and controller plant. There will also be robotic automation of plastic body parts molding and a state-of-the-art paint shop to facilitate the localisation in the production process.
According to the current JV with Tacita which consists of two product lines scooters and motorcycles – both meant for domestic as well as international markets, the manufacturing of the entire range will be rolled out from this plant.
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