Ola Giga factory

1. Gigafactory Introduction: Ola Electric initiated construction of its battery cell factory in Krishnagiri, Tamil Nadu, with a vision to propel India into a global electric vehicle (EV) hub​​​​.
2. Capacity and Expansion Plans: The facility starts with an initial capacity of 5 GWh, aiming to expand to a total of 100 GWh, making it one of the largest battery cell factories globally​​.
3. Operational Timeline: Expected to commence operations early in 2024, this project marks a significant milestone in India's transition towards electric mobility​​.
4. Investment and Employment: With an investment of Rs 2,400 crores for initial construction and an additional Rs 7,614 crores for expansion, the gigafactory is set to employ around 25,000 people at full capacity​​.
5. Innovation and Development: The establishment includes a battery cell R&D facility in Bangalore, highlighting Ola's commitment to innovation and the advancement of EV technology in India​​.
6. Industry Impact: Tamil Nadu is emerging as a key EV and battery manufacturing hub, with the state accounting for over 40% of India's total planned investments in the EV sector​​.
7. Global Vision: The gigafactory is part of Ola's broader goal to end the age of internal combustion engines and establish India as a leader in the global EV market​​.

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