After the decline in its business due to the coronavirus pandemic, Ola has started moving towards a new sector- manufacturing.

As it has signed a Memorandum of Understanding with the Government of Tamil Nadu, Ola announced its setup of the “world’s largest scooter manufacturing facility”. The company said that it would invest Rs. 2,400 crore in the factory, which has a capacity to manufacture 2 million electric vehicles initially. Apart from this, Ola also claims that almost 10,000 jobs will be created by the factory.