New facility. M&M to break ground for ₹1,000 cr EV unit in Zaheerabad

G Naga Sridhar Updated - April 24, 2023 at 12:33 PM.

Telangana Industries Minister K. T Rama Rao will perform the groundbreaking ceremony of Mahindra Group’s new electric vehicle facility at Zaheerabad on Monday.

In February, Mahindra & Mahindra signed a Memorandum of Understanding (MoU) with the Government of Telangana for its proposed expansion plans at its existing manufacturing facility at Zaheerabad in Medak district.

Also read: To scale up electric three-wheelers and SCVs, IFC to invest ₹600 crore in M&M unit valued at ₹6,020 crore 

Hyderabad is fast emerging as a hub of EV technology and also announced e-mobility valley recently.

Published on April 24, 2023 07:03

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