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The Economic Times
The Economic Times

Electric two-wheeler maker Ultraviolette to invest Rs 779 crore in new manafacturing facility in TN over next 5 years: CEO Narayan Subramaniam

Ultraviolette Hosur Tamil Nadu

New Delhi: Electric two-wheeler maker Ultraviolette on Thursday announced plans to establish its BIGGA (Big Global Ambition) Factory, a new manufacturing facility in Hosur, Tamil Nadu.

In an interview to PTI, Ultraviolette co-founder and CEO Narayan Subramaniam said it plans to invest Rs 779 crore in the new facility over the next five years.

The BIGGA Factory will ramp up to an annual manufacturing capacity of 2,50,000 vehicles in a phased manner, with infrastructure designed to scale production to 5,00,000 vehicles per annum as demand grows.

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