Electric scooter maker Ather Energy, based in Bengaluru, has chosen Aurangabad (formally renamed Chhatrapati Sambhajinagar) in Maharashtra for its third plant, which will have the capacity to produce 1 million two-wheelers per annum.
An agreement with the state government is expected to be signed soon, according to sources.
A spokesperson for Ather Energy, however, declined to comment on the matter.
The company has firmed up plans to invest ₹1,000 crore in the plant in phases, which will span 100 acres.
The plant will be located in Aurangabad Industrial City (abbreviated as Auric) in the town of Bidkin, part of the greenfield industrial smart city covering over 10,000 acres and strategically positioned along the Delhi-Mumbai Industrial Corridor project.
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