Jitendra EV plans expansion at Nashik manufacturing facility

Jitendra New EV Tech Private Limited

Jitendra EV will invest Rs. 125 crore over five years to enhance R&D, product development, and manufacturing. Of this, Rs.100 crore is allocated to product innovation, while Rs. 25 crore will support capacity expansion at its Nashik plant—from 60,000 to 96,000 electric two-wheelers annually. The company has acquired seven acres for the project and aims to achieve monthly sales of 15,000 units by 2028. It also plans to double its dealership network to 200 outlets this year.

Location:  Nashik Maharashtra

Estimated Value (Rs. Cr): 125

Sector: Electric Vehicles (Evs)

Project Stage: Conceptual/Planning

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