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Greaves Cotton’s arm to set up manufacturing plant in Tamil Nadu

17 Feb 2021 Evaluate

Ampere Electric, the electric-mobility arm of Greaves Cotton, is going to invest Rs 700 crore in a phased manner over 10 years to set up a manufacturing plant at Ranipet in Tamil Nadu. The proposed plant, for which Ampere Electric has signed a memorandum of understanding with the Tamil Nadu government, will be spread in 1.4 million sq feet and is expected to be completed by this year.

Greaves Cotton commonly known as Greaves is one of the leading and diversified engineering companies in India with a rich legacy and brand trust of over 160 years impacting a million lives every day.

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