Vadodara headquartered Wardwizard Innovations & Mobility Ltd, will inaugurate its state of the art electric bikes Manufacturing and Assembly Line for Battery Operated Vehicles on January 28, 2021 by the hands of Minister of Home Affairs Amit Shah.
Joy EBike of Wardwizard started its journey in the electric vehicle industry by manufacturing & assembling Nanu E-Scooter Honeybee and today it is the first-ever company listed on BSE under the electric vehicle segment with 8+ models, the company said in a regulatory filing on Thursday.
Wardwizard Group is now a leading business group in the Battery Operated Vehicles (BOVs)/ Electric Vehicles (EVs), Consumer Electronics & Appliances and other avenues, it added.
Wardwizard Group announced that this State of Art facility would be first such facility for Battery Operated 2 Wheeler Vehicles:
To manufacture and assemble the Chassis of the vehicle
Production of Cables / Connector and other Plastic Components
Job creation already done for approximately 1000 people directly and indirectly,
Now this factory will do job creation for approximately 6000 people in the EV Ecosystem directly or indirectly in 2021-2022
Manufacturing capacity of 9000+ Units per month
This state of art facility is constructed in the area of 3 acres with 1 billion INR of investment. With the help of this facility Wardwizard group will empower 2500+ entrepreneurs in rural areas by creating opportunities for them between 2021-2023.
“It is a great achievement for all the members of the Wardwizard Family. On this joyous occasion, I am both humbled and honoured to share this big step with Shri Amit Shah Ji who has been kind enough to grace us with his support and encouragement,” Yatin Gupte (MD & Chairman), Wardwizard group, said.