Gensol Inks MoU with Government of Gujarat to Invest INR 2,000 Crore for EV Manufacturing
This landmark MoU, signed in the presence of Hon’ble Chief Minister Bhupendra Patel, as part of the investment promotion activity for Vibrant Gujarat Global Summit 2024, marks INR 2,000 Crore investment in a state-of-the-art Electric Vehicle (EV) manufacturing for Gensol EV, poised to generate around 1,500 green jobs in the region.
January 09, 2024. By News Bureau
This landmark Memorandum of Understanding (MoU), signed in the presence of Hon’ble Chief Minister Bhupendra Patel, as part of the investment promotion activity for Vibrant Gujarat Global Summit 2024, marks INR 2,000 Crore investment in a state-of-the-art Electric Vehicle (EV) manufacturing for Gensol EV, poised to generate around 1,500 green jobs in the region.
This strategic alliance signifies GEL's unwavering commitment to its vision of a cleaner tomorrow.
Commenting on the signing of the MoU, Anmol Singh Jaggi, Co-founder, Gensol Group said, "We extend our sincere gratitude to the Government of Gujarat for their invaluable collaboration and support. Our profound thanks for fostering an environment that aligns with our vision for revolutionizing the ever-growing EV landscape. The INR 2,000 Crore investment stands as a testament to our confidence in the state's commitment to sustainable growth and green manufacturing. We look forward to a mutually beneficial partnership that propels Gujarat to new heights in the EV revolution."
The proposed EV manufacturing plant will be a powerhouse of innovation, churning out a diverse range of cutting-edge EVs across segments, catering to both commercial and personal vehicle space.
The signing of this MoU marks a defining moment in the collective endeavor of GEL and the Government of Gujarat to accelerate EV adoption. This bold initiative exemplifies India’s commitment to sustainable development, propelling the country towards a cleaner and greener future.
please contact: email@example.com.
September 24, 2024
2024 Solar PV & Energy Storage World Expo
August 08, 2024
SNEC 17th (2024) International Photovoltaic Power Generation and Smart Energy Conference & Exhibition
June 04, 2024
Net Zero Tech
June 05, 2024
April 26, 2024
Technical Head India
Growatt captured over 20 percent market share, particularly in the residential segment
Our vacuum boosters enhance the performance of vacuum pumps in demanding applications
CEO – India
Our view is that 2024 is expected to be a watershed year for smart metering
CEO & CTO
Fuji Electric India launched PV1500 series central inverters for large-scale solar plants