September 13, 2021 03:45 PM
Ola’s manufacturing plant in Tamil Nadu Ola Futurefactory will be run entirely by women, Chairman and Group CEO Bhavish Aggarwal announced on Monday. Bhavish said that Ola Futurefactory will be the ‘largest all-women factory in the world’. “Aatmanirbhar Bharat requires Aatmanirbhar women!” he added.
Spread across 500 acres, Ola Futurefactory will employ over 10,000 women when the production accelerates at full scale. Ola had announced a Rs2,400-crore investment last year for setting up its first electric scooter factory in Tamil Nadu.
The company had stated that it would initially start with 10 lakh annual production capacity and then scale it up to 20 lakh, in line with market demand, in the first phase.
When fully completed, Aatmanirbhar Bharat, Ola Electric had claimed that its plant would have an annual capacity of one crore units, “that is 15 per cent of the world’s entire total two-wheeler production”.
“This is the first in a series of initiatives we are undertaking at Ola to create a more inclusive workforce and provide economic opportunities for women across the board,” Bhavish said.
Ola founder added that enabling women with economic opportunities improves not just their lives but that of their families and indeed the whole community. “For India to be the world’s manufacturing hub, we must prioritize upskilling and generating employment for our women workforce,” he said.
Last week, Ola Electric postponed the sale process of its electric scooter S1 by a week to September 15 as it faced “technical difficulties” in making the website for purchases live for customers on Wednesday.