Ola Partners with Siemens to Build its Rs 2,400 Cr EV Manufacturing Facility in Tamil Nadu

Mobility services provider Ola has entered into partnership with Siemens as it looks to rapidly build its first electric scooter manufacturing facility in Tamil Nadu with an investment of about Rs 2,400 crore.

The move came on the heels of Ola’s MoU signed, in December 2020, with the government of Tamil Nadu towards building this facility.

The company earlier said that, this factory is expected to generate almost 10,000 jobs and with an initial capacity of 2 million units a year, it will be the largest scooter manufacturing facility in the world. The facility will also serve as Ola’s global manufacturing hub catering to its customers in India as well as key markets across Europe, UK, Latin America and ANZ.

Commenting on the partnership, Bhavish Aggarwal, Chairman & Group CEO, Ola, said that, “Ola is delighted to partner with Siemens to build the most advanced manufacturing facility in the country. This will be our global hub and will set a benchmark in quality, scale and efficiency, demonstrating India’s capability to build world class cutting edge products. We look forward to bringing this factory online in the coming months and putting our products in the hands of customers.”

This factory will be built on Industry 4.0 principles and will be the most advanced manufacturing facility in the country. It will have almost 5,000 robots deployed across various functions.

Besides, Ola will also have access to Siemens’ integrated Digital Twin design and manufacturing solutions to digitalize and validate product and production ahead of actual operations.

“Siemens is a global leader in Industry 4.0 and we are proud to contribute to Ola’s vision of creating a factory of the future using our automation and digitalization expertise to ensuring the highest levels of productivity and quality while enabling an agile and flexible production process,” said Sunil Mathur, MD & CEO, Siemens India.

The company said that, entire material handling at it’s factory will be fully automated for maximum efficiency, right from raw materials, to materials movement inside the factory, to storage, to the finished scooter rolling off the production lines and being loaded onto trucks.