Goyal Aluminiums intends to invest Rs 200 crore in Uttar Pradesh to establish an electric vehicle (EV) manufacturing unit. The Greater Noida Industrial Development Authority (GNIDA) has allocated the firm 4,000 square metres of land for the project.

"Goyal Aluminiums...is planning to invest Rs 200 crore in establishing a new electric car production unit," a company representative told PTI on Wednesday.

Wroley E India, a freshly established enterprise, has announced the company's entry into the EV industry.

"Electric and low-speed scooters will only be produced for the home market. The Central Institute of Road Transport (CIRT) has already given the firm permission to launch the first high-speed electric scooter in April of this year "According to the spokeswoman.

GNIDA has leased to the firm site number 283 comprising 4,000 square metres in its industrial area for 90 years.

By 2024, the business intends to employ 150 dealers in the EV category.