Folks Motors plans an ambitious INR 500 crore CAPEX investment over five years under the PLI scheme to boost India's EV supply chain. The investment will develop EV warehousing parks and enhance domestic value addition. Strategic partnerships with key manufacturers will drive innovation. Additionally, a $100 million ESG bond and ₹500 crore through Folks Funds will support logistics and industrial infrastructure, reinforcing India's EV ecosystem and clean mobility transition.
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