Maharashtra Welcomes Ather Energy: New Manufacturing Facility to Create Over 4000 Jobs
Providing a boost to Maharashtra’s automotive sector, Deputy Chief Minister Devendra Fadnavis has announced Ather Energy’s decision to set up their third manufacturing facility in the state. The leading electric scooter manufacturer will establish a state-of-the-art plant in Aurangabad Industrial City (AURIC), marking a substantial investment of over ₹2000 crore and creating employment opportunities for around 4000 individuals.
Ather Energy’s Strategic Decision
Following a recent meeting with Ather Energy’s Founder, Shri Swapnil Jain, Deputy CM Fadnavis expressed enthusiasm about the company’s choice to expand in Maharashtra. He emphasized that this move underscores Maharashtra’s supportive business environment and robust policies for electric vehicle manufacturing. This decision aligns with Prime Minister Narendra Modi’s vision for India’s industrial growth, reinforcing Maharashtra’s pivotal role as a preferred destination for investments in automotive innovation.
Impact on Maharashtra’s Economic Growth
Ather Energy’s new facility in Chhatrapati Sambhajinagar is set to produce up to 1 million units of vehicles and battery packs annually. This investment highlights the potential of the Marathwada region, especially with its enhanced connectivity via the Samruddhi Expressway. The region is poised to lead Maharashtra’s growth story, attracting more investors and fostering economic development.
Key Highlights:
- Investment: Over ₹2000 crore
- Employment: Approximately 4000 jobs
- Production Capacity: Up to 1 million units of vehicles and battery packs annually
Boosting Employment and Sustainable Mobility
This significant investment by Ather Energy will not only bolster Maharashtra’s role in the electric mobility revolution but also contribute to the state’s employment landscape. The establishment of this facility is a testament to Maharashtra’s growing prominence in the electric vehicle sector, reflecting the state’s leadership in both economic growth and sustainable mobility solutions.
With Ather Energy choosing Maharashtra for its expansion, the state is poised to continue its leadership in the automotive industry, driving forward India’s journey towards a more sustainable and innovative future.
