Euler Motors Unveils State-of-the-Art Manufacturing Facility in Palwal
Euler Motors has inaugurated a new manufacturing and R&D facility in Palwal, Haryana, with a Rs 100 crore investment. The 5 lakh square feet plant can produce 36,000 vehicles annually and will help expand the company's footprint to 40 cities by FY25. The site also includes a skill development center.
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Euler Motors, an electric commercial vehicle manufacturer, on Tuesday unveiled its new manufacturing and R&D facility in Palwal, Haryana. Established with a Rs 100 crore investment, the plant spans 5 lakh square feet and has an annual production capacity of 36,000 vehicles.
This new facility will serve as Euler Motors' national manufacturing hub, meeting the rising demand for its commercial three-wheeler vehicles. The company plans to expand its footprint from 26 cities to 40 cities by FY25. According to Gaurav Kumar, head of supply chain and manufacturing at Euler Motors, this new plant represents a significant leap in manufacturing capabilities.
The plant features an automated assembly line connected via a proprietary manufacturing execution system, enhancing production efficiency. Additionally, a dedicated learning and development center at the plant aims to skill up the workforce and generate job opportunities. Currently, the plant employs over 500 people, with 20 percent being women.
(With inputs from agencies.)
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