MS Dhoni-backed EMotorad’s e-cycle gigafactory almost ready
ETtech.com -

Pune-based electric cycle maker EMotorad, in which cricketer Mahendra Singh Dhoni invested an undisclosed sum last month, is set to complete the phase-1 build of its factory at Ravet, Pune.The 2,40,000-sq. ft. facility, scheduled to be inaugurated on August 15, will have the capacity to make 500,000 million e-cycles, founder and CEO Kunal Gupta told ET. It will also employ 300 more people, from the current 50, by then, he added.The so-called e-cycle gigafactory will be built in four phases, the...

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