The Ola Futurefactory will employ over 10,000 women, making it the world’s largest women-only factory and the only all-women automotive manufacturing facility globally.
Aggarwal said, “We have invested significantly in training and upskilling the women workforce in core manufacturing skills and they will be responsible for the entire production of every vehicle manufactured at Ola Futurefactory. Enabling women with economic opportunities improves not just their lives but that of their families and, indeed, the whole community. In fact, studies show that just providing women parity in the labor workforce can grow India’s GDP by 27 percent.”
The Ola S1 and S1 Pro electric scooters are eligible for the FAME-II scheme as well as state subsidies, so expect the prices of the electric scooters to be lowered at the time of purchase in certain states. After state subsidies in Delhi, the Ola S1 electric scooter will retail at Rs 85,009, while in Gujarat, the electric scooter would retail at Rs 79,000. In several other states with subsidy grants, the Ola S1 electric scooters will be more affordable than most petrol-powered scooters.
In July, Ola announced that its electric scooter received 100,000 reservations within the first 24 hours, making it the most pre-booked scooter in the world. The first phase of the Ola Futurefactory is nearing completion and will be operationalised soon, while the full capacity of 10 million vehicles per annum will be built by next year.