Chinese firm to invest over Rs 1300 crore in Toto rickshaw manufacture in Howrah

It is a paradox that while India bans Chinese crackers, lights, kite manjas etc, India will get a Chinese bullet train. And, now, one Chinese firm plans to invest over Rs 1300 crore in Toto rickshaw manufacture in Howrah - this has been announced on the sidelines of the Bengal Global Business Summit.>br> The Chinese company has already set up the plant alongside Howrah-Amta State Highway and the production of e-rickshaws is already underway. The project is waiting for a few clearances after which the e-rickshaws will begin to roll out.
This has been reported in timesofindia.indiatimes.com dated 22 January 2017.

E-rickshaws or totos have become popular in suburban and rural Bengal in the past four years - it is economical and reliable mode of transport in the interiors where the condition of roads are bad and last mile connectivity is almost absent.
At present, these totos are imported from China and assembled here before selling them - this increases the price. Once production begins in Howrah with maximum spare parts sourced locally, the price will reduce. It will also ensure that spare parts of the vehicles will be available with the dealer and owners need not run from pillar to post.
There are plans for these e-rickshaws to be sold in Bihar, Jharkhand, Odisha and north-eastern states.


Image courtesy wikimediacommons.org

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