Wardwizard Innovations & Mobility Ltd 2022 AR2
The report highlights Wardwizard Innovations & Mobility Limited's performance for the fiscal year 2021-22, during which the company achieved a remarkable 369% growth in operating revenues to ₹18,456.10 lakhs and sold over 30,000 electric vehicles. The company commissioned an automated assembly line, increasing its production capacity to 400,000 units per annum. Additionally, Wardwizard initiated the development of India's first EV ancillary cluster in Vadodara, spanning 4 million square feet, to localize the supply chain and reduce import dependency. The company also signed an MoU with the Government of Gujarat to invest ₹500 crore in EV research and development.
Company: Wardwizard Innovations & Mobility Ltd
Sector: Consumer Discretionary
Country: India
Year: 2022
Type: AR2
Pages: 166
Wardwizard Innovations & Mobility Ltd
Annual Report
The report highlights Wardwizard Innovations & Mobility Limited's performance for the fiscal year 2021-22, during which the company achieved a remarkable 369% growth in operating revenues to ₹18,456.10 lakhs and sold over 30,000 electric vehicles. The company commissioned an automated assembly line, increasing its production capacity to 400,000 units per annum. Additionally, Wardwizard initiated the development of India's first EV ancillary cluster in Vadodara, spanning 4 million square feet, to localize the supply chain and reduce import dependency. The company also signed an MoU with the Government of Gujarat to invest ₹500 crore in EV research and development.
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Document Details
Report Year
2022
Reporting Period
Apr 1, 2021 - Mar 31, 2022
Fiscal Year
2022
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Net Zero Target
Employees