Indian electric two-wheeler manufacturer Okinawa Autotech proposes to go 100% localized by the end of this fiscal year. To meet the demand for electric two-wheelers, Okinawa is investing Rs 200-250 cr in its novel manufacturing plant in Bhiwadi, Rajasthan. Becoming 100% localised is aimed at assisting the company attain customer confidence and increase brand trust. Okinawa
claims to be the second most selling electric 2 wheeler in India.
Responding on the development, 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 reduce in such gaps and reduce our dependence on imports. This will offer 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 faces stiff competition from industry biggies such as TVS, Ola, Ather and others. Ola recently made its debut with two novel scooters: Ola S1 and Ola S1 Pro. The scooters boast of a relatively high range along with some industry-first features.
