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.
7548 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
Schaeffler India Attains Industry-First BIS Quality Certification for Cylindrical Roller Bearings
Dev Vadchhedia
03 Jul 2026
Component Supplier Becomes First in Bearings Industry to Attain Cylindrical Roller Bearing Certification Under Revised N...
Uno Minda Reassigns Chief Strategy Officer Rakesh Kher to Lead LAS Division
Dev Vadchhedia
03 Jul 2026
Veteran Executive Steps Into Dual Role as Chief Executive Officer of LAS Segment and Advisor to Aftermarket Business.
Autocar Professional’s July 1, 2026 Edition is out!
Autocar Professional Bureau
03 Jul 2026
This edition of Autocar Professional explores how forces beyond the automotive industry's traditional boundaries are inc...
