Goyal Aluminiums to Invest Rs. 200 Crore to Set Up EV Plant in Greater Noida

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Goyal Aluminiums to Invest Rs. 200 Crore to Set Up EV Plant in Greater Noida


Goyal Aluminiums has plans to make investments Rs. 200 crore to arrange an electrical car (EV) manufacturing plant in Uttar Pradesh.

The firm has been allotted 4,000 sq. metre land from the Greater Noida Industrial Development Authority (GNIDA) for the mission.

“Goyal Aluminiums…is gearing up to set up a new electric vehicle manufacturing plant with an investment of Rs 200 crore,” an organization spokesperson advised PTI on Wednesday.

Recently, the corporate introduced its foray into the EV section via newly integrated enterprise Wroley E India.

“Low-speed and electric scooters will only be produced for the domestic market. The company has already received clearance from Central Institute of Road Transport (CIRT) to launch the first high-speed electric scooter in April this year,” the spokesperson stated.

GNIDA has allotted to the corporate plot quantity 283 measuring 4,000 sq. metre in its industrial space on lease for a interval of 90 years.

The firm plans to interact 150 sellers in the EV section by 2024.

Last week, Union Road Transport and Highways Minister Nitin Gadkari stated greater than 2.78 lakh electrical automobiles had been registered in the nation in 2023 calendar yr up to now.

Andhra Pradesh and Madhya Pradesh are in the method of migrating to Vahan portal and therefore their information on EV registration is partially included whereas Telangana and Lakshadweep information just isn’t obtainable on the portal, Gadkari stated in a written reply to the Lok Sabha.

According to the info on the portal, the registration of electrical automobiles (EVs) in India rose to 10,20,679 in 2022 from 3,29,808 in 2021.


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