TNPSC Thervupettagam

Ola scooter factory at Krishnagiri

July 20 , 2021 1228 days 1010 0
  • The ola company signed a $100-million, 10-year debt financing agreement with Bank of Baroda to fund the first phase of its electric two-wheeler vehicle factory in Tamil Nadu.
  • The agreement is the largest long-term debt financing agreement in the Indian electric vehicle industry.
  • The EV factory is being built on a 500-acre site in Krishnagiri.

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