# Okinawa Autotech to invest Rs 500 crore in new plant in Rajasthan

Okinawa Autotech will invest Rs 500 crore to set up a new manufacturing plant in Karoli, Rajasthan, with an annual production capacity of 10 lakh units. The plant will be fully operational from October 2023 and employ more than 5,000 people.

- Type: New facility
- Announced: 2022-06-22
- Where: Karoli, Rajasthan, India, India
- Value: $63.0M (5.00B INR)
- Jobs: 5,000
- Starts operating: Oct 2023
- Status: announced
- Capacity: 10 lakh units per year
- Products: electric two-wheelers, scooters, motorcycles, battery packs, motors, controllers
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Okinawa Autotech](https://endata.com/companies/63620.md)

## Sources

- [business-standard.com](https://www.business-standard.com/article/companies/okinawa-autotech-to-invest-rs-500-cr-for-manufacturing-plant-in-rajasthan-122062200396_1.html), 2022-06-22: "As the market leader in the electric two-wheeler segment, we are committed to addressing the most significant issues faced by the sector."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.