Bajaj Auto to set up Rs 300 cr electric vehicle plant in AkurdiBajaj Auto will set up a dedicated electric vehicle manufacturing plant at Akurdi, Pune, Maharashtra with an investment of Rs 300 crore.

Bajaj Auto hopes to roll out the first vehicle from this unit by June 2022, 15 years after the plant last produced a vehicle.

This new factory will have a production capacity of 5,00,000 units per annum. Akurdi is also the site of the original Chetak scooter factory that made Bajaj Auto a household name in India. Auto parts suppliers of Bajaj Auto will invest Rs 250 crore to support manufacturing operations.

The electric Chetak is currently being built at the Chakan factory in Pune, Maharashtra, which also produces motorcycles of LKTM, Husqvarna and Pulsar.

Spread over 5,00,000 sq ft, the new plant in Akurdi will have robotic and automated manufacturing systems for logistics and material handling, fabrication and painting, assembly and quality assurance. The plant will employ around 800 personnel.

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