Tube Investments of India Ltd, part of the Murugappa group, inaugurated its new electric scooter plant.
Tube Investments manufactures cycles, automotive and industrial chains, car door frames and steel tubes.
The initial capacity of the new plant will be 100 scooters a day.
the battery-powered two-wheelers would be launched under the company’s popular bicycle brand, BSA.
Initially the company will launch three low speed models, which will be priced around Rs.25,000 and two high-speed models at a market price of around Rs.36,000.
– from www.evworld.com