How Ola put together Futurefactory

Ola co-founder Bhavish Aggarwal took to social media on Friday to share glimpses of the celebrations that marked the first anniversary of Ola Electric’s Futurefactory in Tamil Nadu’s Krishnagiri district. In his posts, Aggarwal tipped his hat to the women-only workforce at the facility, which is responsible for fulfilling the burgeoning demand for the EV maker’s S1 and S1 Pro electric scooters.

“Exactly a year ago we bought the Futurefactory land and did bhumi pujan. Yesterday we celebrated the foundation day with 2,000 women,” Aggarwal wrote in a series of tweets. “Saluting the Girl power at the Futurefactory who showed what it takes to start a revolution. Inspired by their energy and enthusiasm! (sic)”

In a blog post back in September last year, Aggarwal had said that Ola Electric will employ 10,000 women in its Futurefactory, making it world’s largest women-only factory and the only all-women automotive manufacturing facility globally.

Aggarwal also shared some images from one year ago, showing how the plot of land in Krishnagiri has been developed into the Ola Futurefactory. The facility, spread across 500 acres, work on the factory began in February 2021 and was finished within record time.

Ola intends to develop the Futurefactory as the largest scooter-manufacturing facility in the world with an annual production capacity of 10 million units. As of now, the facility is being used to produce Ola Electric’s S1 and S1 Pro electric scooters, which were launched on August 15, 2021, marking the company’s foray into the electric mobility sector.

The company is also planning to launch motorcycles and cars in future. Last month, after raising $200 million at a valuation of $5 billion, Aggarwal had said that Ola Electric is “now looking forward to bringing our innovative products to more two wheeler categories including bikes as well as cars.” A day after this, he had teased concept designs for an Ola-branded electric hatchback.

The car’s design is one of few concepts that Ola Electric is working on for its electric four-wheeler. The company is also planning to establish another Futurefactory for the same.