Ola to invest ₹2,400 cr to set up 'world's largest scooter factory' in TN
Ola on Monday said it has signed a Memorandum of Understanding (MoU) with the government of Tamil Nadu to set up what it claims would be the “world’s largest scooter manufacturing facility” in the state. Ola said it will invest ₹2,400 crore to set up a factory with an initial annual capacity of 2 million units.