Ola Signed MoU With Tamil Nadu Government

Published on December 15, 2020
Current Context: Ola, the SoftBank backed mobility firm signed MoU with Government of Tamil Nadu.
Ola Signed MoU With Tamil Nadu Government
  • The MoU is signed to set up Ola’s first factory in the state.
  • Ola will be setting up its largest electric scooter manufacturing unit in the world. 
  • For this purpose, Ola will be investing Rs 2400 crore.
  • Initially, Ola factory will be having an annual manufacturing capacity of 2 million units. 
  • Static Part: 
    • MD and CEO of Ola: Bhavish Aggrawal
    • Capital of Tamil Nadu: Chennai
    • CM of Tamil Nadu: Edappadi K Palaniswami
    • Governor of Tamil Nadu: Banwarilal Purohit
    • Lakes in Tamil Nadu: Berijam Lake, Chembarambakkam Lake, Kaliveli Lake, Kaveripakkam Lake, Kodaikanal Lake, Ooty Lake, Perumal Eri, Red Hills Lake, Sholavaram Lake, Singanallur Lake, Veeranam Lake


Q.1 Ola signed MoU with which state to set up its first electronic scooter factory?
a. Kerala
b. Maharashtra
c. Punjab
d. Tamil Nadu

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