LML announces foray into e-scooter space, to invest Rs 1,000 crore in next 3-5 years

LML Electric is currently in talks with the state governments of Haryana and Madhya for setting up a manufacturing unit with total installed capacity of 100,000 units per annum. Depending on how discussions progress, the company may set up production and parts manufacturing units in either one or both locations.

via Economictimes

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