Ola Futurefactory to employ over 10,000 women, will be world’s largest women-only factory
The Ola Futurefactory will employ over 10,000 women, making it the world’s largest women-only factory and the only all-women automotive manufacturing facility globally.
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Pratik Rakshit
Pratik Rakshit
New Delhi
September 13, 2021UPDATED: September 13, 2021 15:52 IST
Bhavish Aggarwal
Bhavish Aggarwal, CEO & founder, Ola Electric, announced that this is the first in a series of initiatives Ola is undertaking to create a more inclusive workforce and provide economic opportunities for women across the board.

HIGHLIGHTS
Ola Futurefactory will be run entirely by women.
The Ola Futurefactory will employ over 10,000 women.
The Ola Futurefactory will be the world’s largest women-only factory and the only all-women automotive manufacturing facility globally.
In a first of a kind, Ola Electric CEO & Founder, Bhavish Aggarwal announced that Ola Futurefactory will be run entirely by women. The Ola Futurefactory will employ over 10,000 women, making it the world’s largest women-only factory and the only all-women automotive manufacturing facility globally. Aggarwal announced that this is the first in a series of initiatives Ola is undertaking to create a more inclusive workforce and provide economic opportunities for women across the board. Recently, Ola Electric started to open its online service for its Ola S1 electric scooter. However, due to technical glitches in the company’s website, it was postponed to September 15, 2021. The delivery of the new Ola electric scooters is to commence from the first week of October, 2021.

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Aggarwal said, “We have invested significantly in training and upskilling the women work force in core manufacturing skills and they will be responsible for the entire production of every vehicle manufactured at Ola Futurefactory. Enabling women with economic opportunities improves not just their lives but that of their families and, indeed, the whole community. In fact, studies show that just providing women parity in the labor workforce can grow India’s GDP by 27 per cent.”

The Ola S1 and S1 Pro electric scooters are eligible for the FAME-II scheme as well as state subsidies, so expect the prices of the electric scooters to be lowered at the time of purchase in certain states. After state subsidies in Delhi, the Ola S1 electric scooter will retail at Rs 85,009, while in Gujarat, the electric scooter would retail at Rs 79,000. In several other states with subsidy grants, the Ola S1 electric scooters will be more affordable than most petrol-powered scooters.

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In July, Ola announced that its electric scooter received 100,000 reservations within the first 24 hours, making it the most pre-booked scooter in the world. The first phase of the Ola Futurefactory is nearing completion and will be operationalised soon, while the full capacity of 10 million vehicles per annum will be built by next year.Live TV

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