Follow us
Gensol Engineering signs MoU with Govt of Gujarat to invest Rs 2000 crore for EV manufacturing
This investment is expected to create 1,500 green jobs in the region.
7634 Views
Gensol Engineering, a renewable energy and electric mobility firm has signed an MoU (Memorandum of Understanding to invest Rs 2000 crore for the manufacturing of EVs. This comes ahead of the Vibrant Gujarat Summit, which will take place from 10-12 January.
This investment is expected to create 1,500 green jobs in the region.
Anmol Singh Jaggi, Co-founder, Gensol Group said, “The Rs 2,000 crore investment stands as a testament to our confidence in the state’s commitment to sustainable growth and green manufacturing.”
The Vibrant Gujarat Summit is expected to see participation from several industries, and also Tesla’s supposed entry is expected to be announced at the summit.
As a prelude to the Vibrant Gujarat Global Summit 2024, MoUs worth Rs 7,12,250 crore have been signed.
RELATED ARTICLES
Mumbai Driving Scores Fell During Ganeshotsav, Data Shows
Autocar Professional Bureau
27 Sep 2026
A telematics analysis found fewer clean-run drives during the festival's first eight days, with the shift concentrated i...
Tata Aeris: Can aggressive Pricing and Rich Features Bring Buyers Back to Sedans?
Ketan Thakkar
26 Sep 2026
After studying why customers who considered a sedan often left Tata showrooms in an SUV, the company has given its new c...
Arete 22 Files DRHP with SEBI for ₹440-Crore IPO
Shruti Shiraguppi
26 Sep 2026
Precision aluminium components maker plans to use proceeds for working capital, debt repayment and capacity expansion.
