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RattanIndia Enterprises’ Revolt Motors opens new store for electric bikes in Andhra Pradesh

13 Dec 2021 Evaluate

RattanIndia backed Revolt Motors has expanded its retail presence in Southern India with the opening of their new store for electric bikes in Vijaywada, Andhra Pradesh. Earlier, the company opened its first outlet in Vizag and this is the 2nd store in the state and 20th retail outlet across the country.

The Andhra Pradesh government has also introduced policies to encourage faster adoption and manufacturing of electric vehicles (EVs). The state government offers various subsidies for customers like 100% road tax exemption for newly-purchased EVs. Andhra Pradesh’s EV policy supports every aspect of electric mobility and is focused on accelerating the adoption of EVs.

RattanIndia Enterprises is engaged in the business of Power generation, transmission and distribution of power and power advisory.

Peers
Company Name CMP
Bajaj Finserv 1846.00
TVS Holdings 12558.90
Cholamandalam Fin. 1473.15
Altius Telecom Infra 175.00
Kama Holdings 2234.30
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