VIVAN Life Sciences Blog
The world’s largest e-scooter factory, FutureFactory will be run solely by 10,000 women in India, also making it the world’s largest women-only factory.
The CEO of Ola Electric, Bhavish Aggarwal, announced that the factory plans to roll out one scooter every two seconds after completing the planned expansion that’s scheduled for sometime next year.
The vision for his newest venture is to provide the world “clean mobility, a carbon-negative footprint, and an inclusive workforce,” the founder said.
The Ola FutureFactory in Tamil Nadu, where the recently-launched Ola electric scooters are being made, will be the largest all-women plant in the world, CEO Bhavish Aggarwal says.
Welcoming the first batch this week, Aggarwal announced on Monday that the $300 million FutureFactory will be the world’s largest women-only automotive manufacturing facility. He expects to employ over 10,000 women when it is operates at full capacity.
“India’s women will bring the EV revolution from India to the world. When women are equal participants in India’s economic growth, India will lead the world,” Aggarwal said in release, adding: “An Aatmanirbhar Bharat [self-sufficient India] requires Aatmanirbhar [self-sufficient] women.
“Enabling women with economic opportunities improves not just their lives but that of their families and indeed the whole community,” he added, in regard to the macro-economic impact of the move.
He quoted studies that say just providing women with parity in the labour workforce could increase India’s GDP by 27%.
Reference: asiafinancial.com
