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Okinawa Autotech, one of India’s highest-selling electric two-wheeler manufacturers is all set to go 100% localized by the end of this fiscal year. The company stands committed to the Government of India’s strong vision to turn the country independent and thus move one step closer to “AtmaNirbhar Bharat”.
To meet the emerging demand for electric two-wheelers on account of increasing awareness, Okinawa is investing 200-250 Cr in its new manufacturing plant in Bhiwadi, Rajasthan. Becoming 100% localised is aimed at helping the company attain customer confidence and increase brand trust.
Commenting on the development, Mr Jeetender Sharma, MD and Founder, Okinawa Autotech states: “At present, Okinawa is proudly over 92 per cent localized and we are aiming to go for 100 per cent localized components by the end of this year. We are working rigorously with our suppliers to fill in such gaps and reduce our dependence on imports. This will provide a push to local component manufacturers to bolster the domestic supply chain and help to strengthen the automotive industry from its core. The auto sector is one of the key drivers of the Indian economy and we aim to contribute further to the “Make in India. Made for India vision.”
Okinawa is at the forefront of mass penetration of Electric Two-Wheelers in India with a range of electric scooters to cater to the dynamic needs of the customers. It has thus cemented its leadership position amongst the masses by delivering high-quality and excellent performance. While the pandemic had an inevitable impact on the auto industry, resulting in lesser sales than anticipated; Okinawa has retained its position as the second most selling E2W in India.