AP: Kinetic Green Energy has stepped forward to invest in AP in the place of Amar Raja
Kinetic Green Energy and Power Solutions Ltd has come forward to set up a large battery manufacturing company in AP similar to the Amar Raja Mega Company in Chittoor district. It is learned that the management decided to relocate the company to Tamil Nadu in protest of the government’s policies.
To this end, Kinetic Green Energy company management team met CM YS Jaganmohan Reddy at the Thadepalli CM camp office today.
Sulajja Firodia Motwani, Founder and CEO of Kinetic Green Energy and Power Solutions Ltd., Ritesh Mantri, Co-Founder, met Chief Minister YS Jagan at the Camp Office. They made it clear that they were ready to invest if the government provided adequate resources to set up the company.
In AP, Rs. 1,750 crore Electric Two Wheelers, Three Wheelers, Advanced Technology Battery Manufacturing, Kinetic Green Energy advanced to set up battery swapping stations
Kinetic Green Energy interested in setting up a branded premium electric vehicles manufacturing unit in Visakhapatnam
Kinetic to set up Skill Development, Research and Development Center
Kinetic has already set up a plant in Ahmednagar near Pune with a capacity of 6,000 electric vehicles per month.
Delegates who explained the company plans to Chief Minister Shri YS Jagan and discussed
The meeting was attended by Special CS Y. Srilakshmi, Department of Municipal and Urban Development, Javwadi Subrahmanyam, Director, Department of Industries and CMVO officials.