MT Autocraft forays into EVs with Rs 100 crore funding, to hire 200 people

MT Autocraft, a leading supplier of machined components and assemblies, on Wednesday announced the launch of electric mobility company MTA E-Mobility Pvt Ltd (MTA EV) with a seed funding of Rs 100 crore.

The electric mobility startup, which plans to hire 200 more people, has built a dedicated plant spread over three acres at Palwal in the national capital region.

The company said that it aims to become a complete electric mobility solutions provider.

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