Ather is gearing up for its next phase of growth. Backed by a ₹1,000 crore investment from Hero MotoCorp and another ₹1,300 crore raised through its QIP, the first phase of its Aurangabad Industrial City facility is scheduled for Q4FY27. This should expand annual capacity from 4.2 lakh units to 9.2 lakh units, with phase 2 eventually scaling it up to 14.2 lakh units. Alongside, its upcoming EL platform, slated to debut later this month, will underpin Ather’s mass-market strategy.
