NEW DELHI: Diversified Lohia Lohia Auto, a part of the Lohia Group, plans to invest Rs. 10 To cope with the growing demand for its products, Rs. 100 crore has been set up for a new manufacturing facility by 2021.

The company also plans to double its electric vehicle portfolio to around 20 times Auto Industries, which has a wide range of models including Lohia. Ayush Lohia told PTI: “We plan to invest Rs 1 billion to set up a new manufacturing facility by 2021, which is expected to be completed by 20211,” he said. establishment of the new manufacturing plant year of completion.”

The company added that it is in preliminary discussions with the governments of Telangana, Andhra Pradesh and Maharashtra.

The upcoming new plants include power and diesel products.

Lohia Auto currently sells a range of two and three-wheeler motorcycles at its Kashipur manufacturing facility with an annual installed capacity of 10,000 units. When asked about the challenges faced by the electric vehicle industry, Lohia said that lack of understanding of these products is one of the major hurdles in the growth of the industry.

“If we can also get the push LEDs that the government is putting out, the light bulbs, great, that would change the whole picture,” Lohia said.”

In 2014, US-based UM MotorclesLohia Auto formed a joint venture (JV) to launch a range of motorcycles in the Indian market. The JV will also use Lohia Auto Kashipur’s plant in Uttarakhand to manufacture the new products.