Ola electric scooter factory becomes the largest factory for women globally: Aggarwal

Ola electric scooter factory becomes the largest factory for women globally: Aggarwal

Ola co-founder Bhavish Aggarwal said on Monday that its electric scooter factory will be run exclusively by women and employ over 10,000 full-time women.

“Aatmanirbhar Bharat demands Aatmanirbhar women! Proud to share that Ola Futurefactory will be run FULLY by women, 10,000+ in full scale! It will be the largest women’s factory in the world !! A little smiling face, ”he said in a tweet.

He also shared a video with the first batch of women hired to work at the facility.

In a blog post, Aggarwal said the company welcomed the first batch this week and “at full capacity Futurefactory will employ over 10,000 women, making it the world’s largest factory for women only and the only car industry for women globally”.

Including workforce

This is the first in a series of initiatives Ola is taking to create a more inclusive workforce and provide economic opportunities for women across the board, he added.

Aggarwal said the company has invested significantly to train and qualify them in core manufacturing competencies and they will be responsible for the entire production of each vehicle manufactured at Ola Futurefactory.

“Giving women access to financial opportunities not only improves their lives, but the lives of their families and, in fact, society as a whole. In fact, studies show that just giving women equality in the workforce can increase India’s GDP by 27 percent, ”he said.

He pointed out that in the manufacturing industry, women’s participation remains the lowest at only 12 percent.

“For India to be the manufacturing hub of the world, we must prioritize upskilling and create employment for our female workforce,” Aggarwal added.

Ola had announced an investment of 2,400 million kroner last year to set up his first electric scooter factory in Tamil Nadu.

Upscaling production

The company was intended to be the world’s largest scooter production facility and had stated that it would initially start with 10 lakh annual production capacity and then scale it up to 20 lakh, according to market demand, in the first phase.

When Ola Electric was finished, it had claimed that its factory would have an annual capacity of one crore units, “that is 15 percent of the world’s total two-wheeled production”.

On 15 August, the company had unveiled its Ola S1 electric scooter in two variants – S1 and S1 Pro – for DKK 99,999 and DKK 1,29,999, respectively (Ex-showroom including FAME II subsidy and exclusive government subsidy).

While sales were due to start on September 8, it delayed the sales process by one week until September 15, as it faced “technical difficulties” in making the site for purchase live for customers.

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