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.
By Autocar Professional Bureau
7449 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
Exclusive: Mahindra & Mahindra names Aman Malik Auto Division National Sales Head; Dinesh Kurup to Lead Sales Planning
Ketan Thakkar
10 Apr 2026
Automaker restructures sales and marketing set-up, splits Baneswar Banerjee’s role to sharpen execution and planning fun...
New Cafe 3 Draft Eases Emission Limits; Small Cars To Benefit More From Flatter Curve
Kiran Murali
10 Apr 2026
Small cars see a larger easing in their emission limits, but the explicit 3g relief for small cars has been dropped.
Yokohama India to Rely on Digital-First, Hyper-Local Strategy for Growth, Says Marketing Head
Darshan Nakhwa
10 Apr 2026
The premium tyremaker’s marketing officer says the company is deliberately avoiding mass advertising, and instead focusi...
