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Aether Energy in talks with state govts for manufacturing plant

Wednesday, 15 Jun 2022
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Ather Energy, Hero MotoCorp-backed electric two-wheeler manufacturer is in talks with state governments to set up a new manufacturing facility in the country. 
 
The company is in talks with state governments, including Andhra Pradesh, Maharashtra, Gujarat, Telangana and Karnataka, to set up an additional manufacturing plant. 
 
The plant will have an annual capacity of about 15 lakh units. The company is in the last leg of negotiations and is likely to finalise the location within the next month. 
 
It is looking at around 100 acre of land parcel to build its third facility in the country.
 
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