financetom
Market
financetom
/
Market
/
Supply chain challenges continue; open to bring in a partner for EV: Greaves Cotton
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Supply chain challenges continue; open to bring in a partner for EV: Greaves Cotton
Dec 2, 2021 12:46 AM

Greaves Cotton has recorded very strong growth in the electric mobility division in Q2FY22 and they are looking to strengthen their EV portfolio with a range of new electric vehicles and have committed an investment of up to Rs 700 crore in their new EV manufacturing unit in Tamil Nadu.

Speaking to CNBC-TV18, Nagesh Basavanhalli, Group CEO and Managing Director at Greaves Cotton said that supply chain challenges still persist and that is something that needs to be watched going forward.

When asked about bringing in a partner Basavanhalli said, “We are open for like-minded partners who share our vision of being in the last mile mobility.”

For full management commentary, watch the video.

First Published:Dec 2, 2021 9:46 AM IST

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved