MoU26 Oct 2023, 06:52 pm
Wardwizard Innovations & Mobility Ltd. signs Rs. 2000 Crore MOU with Gujarat Government for Electric Vehicle Advancement
AI Summary
Wardwizard Innovations & Mobility Ltd. has signed a Memorandum of Understanding (MOU) with the Government of Gujarat to invest Rs. 2,000 crores in the development of an Electric Vehicle Ancillary Cluster by 2024. The agreement targets to generate more than 5,000 employment opportunities as a part of EV ancillary cluster.,
Key Highlights
- Rs. 2,000 crore investment
- 5,000 employment opportunities
- Electric Vehicle Ancillary Cluster
- Green mobility
- Make-in-India initiative