Telangana EV Policy: 6 Electric Vehicle Firms to Invest Over Rs 2,500 Crore in the State
4 years, 2 months ago

Telangana EV Policy: 6 Electric Vehicle Firms to Invest Over Rs 2,500 Crore in the State

News 18  

Six firms in the electric mobility space will set up their facilities in Telangana with an investment of over Rs 2,500 crore. Olectra Greentech Limited, a listed electric mobility company, will set up an electric bus manufacturing unit with an investment of Rs 300 crore. The firm, which supplies electric buses to various state road transport corporations, will create direct and indirect employment opportunities to 3,500 persons through this plant. Under another MoU, ETO Motors will set up an electric vehicle manufacturing unit with an investment of Rs 150 crore.

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