Ola, Siemens To Build EV Hub In Tamil Nadu For Rs 2,400 Crore

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  • Just a month back, Ola has signed the MoU with the Tamil Nadu government for an investment of Rs 2,400 crores in setting up is first EV manufacturing factory in the state
  • Ola’s factory will be built on Industry 4.0 principles and will be the most advanced manufacturing facility in the country claimed the company

Ola has announced that it has teamed up with Siemens to build India’s most advanced electric vehicle manufacturing facility in Tamil Nadu. Just a month back, Ola has signed the MoU with the Tamil Nadu government for an investment of Rs 2,400 crores in setting up is first EV manufacturing factory in the state. Upon completion, the factory will create almost 10,000 jobs and initially have an annual capacity of two million units. It will 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.

Ola’s 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. It will have access to Siemens’ integrated Digital Twin design and manufacturing solutions to digitalize and validate product and production ahead of actual operations. The factory will be AI-Powered with Ola’s proprietary AI Engine and tech stack deeply integrated into every aspect of the manufacturing process, continuously self-learning and optimising every aspect of the manufacturing process.

Entire material handling at Ola’s factory will be fully automated

Bhavish Aggarwal, Chairman & Group CEO, Ola, said, ‘‘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.”

The entire material handling at Ola’s factory will be fully automated 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.

Sunil Mathur, MD & CEO, Siemens India, said, “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.”

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