Greaves Cotton rose 7.29% to Rs 156 after the company said its e-mobility arm opened its largest EV production facility in Ranipet, Tamil Nadu.
Greaves Electric Mobility, the e-mobility arm of Greaves Cotton and one of the market leaders in the E-2W and E-3W segments, inaugurated its largest EV production facility in Ranipet, Tamil Nadu. The 35-acre plant located in the Industrial Centre of Tamil Nadu, will serve as an electric mobility hub for both domestic and export markets.
The plant is part of the Rs 700 crore investment roadmap announced by the company to expand its growing share in the Indian electric vehicle market.
