Bajaj has been the largest three-wheeled vehicle manufacturer in the world for a very long time. It is one of the largest and most valuable motorcycle manufacturers in the world too. Bajaj has a stupendous global presence in the world with operations firmly set in 70 different countries.
Celebrating the 84th birth anniversary of late Shri Rahul Bajaj, Chetak Technology Ltd inaugurated their newly built manufacturing facility at Akurdi, Maharashtra. This is a state-of-the-art manufacturing facility with cutting-edge technology dedicated to manufacturing electric two-wheelers only.
Bajaj considers this new manufacturing facility as a stepping stone towards Chetak’s rich heritage. Because it was at Akurdi, that the iconic Chetak brand was first formulated and took shape. It was from Akurdi, that the Chetak brand went on to redefine the Indian scooter industry for generations to come. For Chetak, this definitely is a homecoming and we couldn’t be more glad. After the fall of an iconic legacy, Chetak brand is reincarnated by Bajaj, but this time, in an EV avatar. Chetak made a comeback in 2019 as an EV after meticulous testing and has stirred the electric scooter market. Bajaj has sold over 14,000 units of Chetak EV and has yet to fulfil over 16,000 bookings. Chetak’s new plant at Akurdi is capable of quickly ramping up the production to accommodate 5,00,000 electric two-wheelers per year. Chetak’s new EV manufacturing plant at Akurdi spans over 5,00,000 sq/ft of land also incorporating a state-of-the-art R&D centre. With this move, Akurdi plant aims to be a manufacturing hub for design, development and production of EVs. Chetak and its vendor partners will be jointly investing a sum of around Rs. 750 crore into this new EV manufacturing facility. This facility is also expected to generate employment for 11,000 people when running at full capacity.
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