Ather Energy is set to establish an electric scooter plant at Aurangabad Industrial City (AURIC) in central Maharashtra’s Chhatrapati Sambhajinagar district, the Maharashtra state government announced on June 26. The plant is going to cost Rs 2,000 crore.

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The plant is going to produce up to one million units of vehicles and battery packs annually and create around 4,000 jobs, deputy Chief Minister Devendra Fadnavis said in a post on X.

"Just got done with a meeting with the Founder of Ather Energy, Swapnil Jain, and I am glad to share that he informed about their great decision that Ather Energy, the leading electric scooter manufacturer, has chosen Maharashtra for its 3rd manufacturing facility in Aurangabad Industrial City (AURIC)," he said.

Fadnavis emphasised the Maharashtra government’s commitment to growth and said, “This move underscores Maharashtra’s supportive business environment and robust policies for electric vehicle manufacturing, aligned with Hon PM Narendra Modi ji’s vision for India’s industrial growth.”

It also shows that Maharashtra is a preferred destination for investments in automotive innovation, and "the Marathwada region will lead Maharashtra's growth story," the deputy CM said.

The increase in connectivity through the Samruddhi Expressway is also credited by Fadnavis for attracting potential investors to the region.

In the past, the Shiv Sena-BJP-NCP government in Maharashtra has faced criticism from the Opposition for failing to attract investment and allowing some big-ticket projects to go to Gujarat.

Assembly elections are due in the state in the month of October.

With agency inputs.