Ola Electric Mobility Pvt’s new electric-scooter factory aims to build 10 million two-wheelers annually, or 15% of the world’s e-scooters by 2022, in an operation run and managed entirely by women.
According to the reports, the e-mobility business is a follow-up to ride-hailing startup Ola, which is expected to make its debut on public markets next year. Founder Bhavish Aggarwal, The vision for his newest venture is to provide the world with clean mobility, a carbon-negative footprint, and an inclusive workforce.
The report further added that the first group of workers started this week at the factory, which will cost $330 million to complete. In a blog Bhavish Aggarwal stated- “At full capacity, Futurefactory will employ over 10,000 women, making it the world’s largest women-only factory and the only all-women automotive manufacturing facility globally.”
Backed by SoftBank Group Corp. and Tiger Global Management, Ola Electric looks to roll out a scooter every two seconds after completing a planned expansion next year. The factory will be substantially automated and include 3,000 robots working alongside the all-female workforce.
Further Mr Aggarwal added- “Enabling women with economic opportunities improve not just their lives but that of their families and indeed the whole community. Women’s participation in the local manufacturing industry stands at just 12% and “for India to be the world’s manufacturing hub, we must prioritize upskilling and generating employment for our women workforce.”
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