Popular Vehicles to Set Up Ather EV Facilities in Chennai by September
ECONOMY & POLICY

Popular Vehicles to Set Up Ather EV Facilities in Chennai by September

Popular Vehicles & Services, one of India’s leading fully integrated automotive dealership player is pleased to announce that its 100 per cent step down subsidiary Kuttukaran Cars has received a Letter of Intent (LOI) for setting up Ather facilities in Chennai, Tamil Nadu.

The facilities will be spread across two locations — one housing the Experience Centre, and the other accommodating the Service Centre and warehouse. The service centre will initially feature 5 bays, with capacity to service approximately 450 vehicles per month. Operations are expected to commence by the first week of September this year. Total investment for setting up these facilities is estimated at around Rs 7.5 million.

Commenting on this development, Naveen Philip, Promoter and MD, Popular Vehicles and Services said, “We’re pleased to announce the receipt of a Letter of Intent from Ather, marking an important milestone in our journey to grow within the two-wheeler EV ecosystem and deepen our presence in Tamil Nadu. This development reflects our continued focus on expanding our geographic footprint beyond Kerala and tapping into emerging opportunities in the electric mobility space.

Through this strategic collaboration, we aim to reinforce Ather’s growing presence by establishing a robust service network and delivering an exceptional ownership experience to EV customers. Tamil Nadu is an important market in our efforts to gradually broaden our revenue beyond Kerala, and this initiative supports that direction.”


Popular Vehicles & Services, one of India’s leading fully integrated automotive dealership player is pleased to announce that its 100 per cent step down subsidiary Kuttukaran Cars has received a Letter of Intent (LOI) for setting up Ather facilities in Chennai, Tamil Nadu.The facilities will be spread across two locations — one housing the Experience Centre, and the other accommodating the Service Centre and warehouse. The service centre will initially feature 5 bays, with capacity to service approximately 450 vehicles per month. Operations are expected to commence by the first week of September this year. Total investment for setting up these facilities is estimated at around Rs 7.5 million.Commenting on this development, Naveen Philip, Promoter and MD, Popular Vehicles and Services said, “We’re pleased to announce the receipt of a Letter of Intent from Ather, marking an important milestone in our journey to grow within the two-wheeler EV ecosystem and deepen our presence in Tamil Nadu. This development reflects our continued focus on expanding our geographic footprint beyond Kerala and tapping into emerging opportunities in the electric mobility space.Through this strategic collaboration, we aim to reinforce Ather’s growing presence by establishing a robust service network and delivering an exceptional ownership experience to EV customers. Tamil Nadu is an important market in our efforts to gradually broaden our revenue beyond Kerala, and this initiative supports that direction.”

Next Story
Infrastructure Urban

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Next Story
Infrastructure Energy

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

Next Story
Real Estate

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement