# MM Forgings subsidiary to set up EV prototype motor plant in Oragadam

A subsidiary of MM Forgings Ltd. is setting up a brownfield plant in Oragadam to produce 60,000 EV prototype motors per annum. The initial investment is approximately INR 80 crore, with commercial production expected to start in September 2023.

- Type: Expansion
- Announced: 2023-02-23
- Where: Oragadam, Tamil Nadu, India
- Value: $9.70M (800.0M INR)
- Starts operating: Sep 2023
- Status: under construction
- Capacity: 60,000 motors per annum
- Products: permanent magnet synchronous motors, EV powertrain components
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [MM Forgings](https://endata.com/companies/65080.md)
- [Abhinava Rizel](https://endata.com/companies/65081.md)

## Sources

- [autoevtimes.com](https://autoevtimes.com/mm-forgings-subsidiary-begins-producing-ev-prototype-motors/), 2023-02-23: "We received quite a few orders for Permanent Magnet Synchronous Motors (PMSMs)."

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