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Ajanta Group

Summary

Ajanta Group or Oreva Group (stylized as OREVA) [1] is a diversified group, active in textiles, transport, construction equipment, and machinery.[2]

Ajanta Group
Ajanta Manufacturing Private Limited
Company typePrivate
Industry
Founded1971; 53 years ago (1971)
FounderOdhavaji Raghavji Patel
HeadquartersAhmedabad, Gujarat
Key people
Jaysukh patel (Managing Director)
Products
Revenue₹800 Crore
Number of employees
5000 (2022)
Websiteoreva.com

History edit

The company was founded by Odhavaji Raghavji Patel in 1971. It is known for the manufacturing and exporting of clocks from India.

In 2008, the company tried to launch and manufacture the Oreva Super, a low-cost electric car.[3][4] It was dubbed "Tata Nano-Killer,"" reportedly costing less than INR 100,000 or roughly around $1,400.[5]

Ajanta Energy edit

Ajanta Energy Pvt. Ltd. specializes in renewable energy.[6]

Ajanta Energy provides solar power systems, windmills, and energy efficiency services.

Controversies edit

In 2022, the company and its staff are being investigated for the collapse of a bridge in Morbi.[7] The Municipality of Morbi owned the bridge, and they entered into a maintenance agreement with Oreva Group that was to last for 15 years.[8] Initial reports say that the bridge was opened to the public ahead of schedule after temporary repairs,[9] even though the much needed 'certificate of fitness' from the local authorities had not been obtained.

[10]

References edit

  1. ^ "Sunhrarrt group & Ajanta Oreva group creates history by forming India's biggest vitrified tiles plant - The Live Nagpur". 22 July 2021. Retrieved 31 October 2022.
  2. ^ "Ajanta Group mulls foray into LED lighting". Business Standard. 29 November 2010.
  3. ^ Ray, Joydeep (12 October 2008). "A car that could give Nano competition". NDTV. Archived from the original on 3 September 2012. Retrieved 9 December 2020.
  4. ^ "Made in Gujarat:Ajanta's battery operated Oreva car(Video)". DeshGujarat. 14 October 2008. Retrieved 2 November 2022.
  5. ^ "A car that could give Nano competition". NDTV. 13 October 2008. Retrieved 9 December 2020. Oreva Super … could just be the country's first one lakh car
  6. ^ "About AEPL". Oreva.
  7. ^ Gupta, Rhea Mogul,Manveena Suri,Swati (1 November 2022). "What we know about India's deadly bridge collapse". CNN. Retrieved 2 November 2022.{{cite web}}: CS1 maint: multiple names: authors list (link)
  8. ^ "Morbi bridge collapse: Oreva Group under scanner over repair, maintenance". Business Today. 1 November 2022. Retrieved 2 November 2022.
  9. ^ "Gujarat: Oreva Reopened Morbi Bridge After 'Temporary Repairs'; Complete Work Promised After Permanent Contract Only". Outlook India. 2 November 2022. Retrieved 2 November 2022.
  10. ^ "'Make temporary repair and open bridge': Oreva Group's letter to Morbi collector in January 2020". India Today. Retrieved 2 November 2022.