The ambitious plan was to invest a whopping Rs 8 thousand crore and manufacture 10 to 15 thousand vehicles annually in Hyderabad. However, the central government denied permission for this crucial investment.
Published Date – 02:30 PM, Thu – 27 July 23
The largest electric vehicle manufacturer, BYD, which had plans to set up a manufacturing unit in Hyderabad. The ambitious plan was to invest a whopping Rs 8 thousand crore and manufacture 10 to 15 thousand vehicles annually in Hyderabad. However, the central government denied permission for this crucial investment.
