PMI, one of India’s leading manufacturer of electrical buses, plans setting-up its largest electric commercial vehicle manufacturing plant in Pune.
The company in a statement stated that the 35-acre facility will come up in MIDC, Chakan, and employ 1500 personnel. The facility, which is planned to produce 2,500 electric CVs per annum, will commence commercial production by October 2023. PMI operates a manufacturing facility in Delhi NCR with a production capacity of about 1500 electric-buses per annum.
Satish Kumar Jain, Managing Director of PMI said, “ This will help us get closer to our dream of becoming a leading electric commercial vehicle player globally while contributing to Make-in-India and Make-for-India. We, as pioneers of providing zero-emission commercial vehicles, firmly believe that the commercial vehicles powered by clean energy will play a major role in sustainable mobility, and we want to actively contribute towards the future growth of this segment and achieve the sustainability target set out by the Government of India.”
The strategic location of the facility in Pune gives it access to the Nhava-Sheva port as well as the supply-chain ecosystem in Pune, along with logistical advantage to cater to the major markets in West/Central/Southern markets of the country - Maharashtra, Gujarat, Karnataka, M.P, amongst others, the company added.
PMI has entered into a collaboration/partnership with Foton, a global commercial mobility giant for technology and designing environment-friendly commercial mobility solutions in India. The plant is being designed to host the right mix of latest technology and cost-effective manufacturing practices to ensure best-in-class quality, optimized labour productivity, and accelerated response to quick order and high asset turnover ratio, the statement further adds.
PMI Electro Mobility races ahead in e-buses