Construction begins for Mahindra’s EV manufacturing unit in Telengana, to invest Rs.1000 crore

Biznextindia : Mahindra Last Mile Mobility (LMM), a part of Mahindra & Mahindra (M&M), on Monday organised a ground-breaking ceremony for a new manufacturing unit at its existing plant in Zaheerabad, Telangana. The company will invest about Rs.1000 crore in the project. With this new facility, the company aims to build a state-of-the art battery assembly line, producing power packs and manufacture electronic as well as drivetrain components for electric 3- and 4-wheelers. The facility will also create employment for 800 to 1000 employees in the region.

The ground-breaking event was attended by KT Rama Rao, Honourable Minister for Municipal Administration and Urban Development; Industries and Commerce and Information Technology, Electronics and Communications as guest of honor. Other notable guests of honour included K Manik Rao, MLA, Zaheerabad Constituency and Jayesh Ranjan, IAS – Principal Secretary, Industries & Commerce and IT, Government of Telangana.

Suman Mishra, CEO, Mahindra Last Mile Mobility said, “Mahindra Last Mile Mobility is at the forefront of India’s 3-wheeler electrification journey. I would like to thank the Government of Telangana for their proactiveness and ease of doing business policies under which Zaheerabad has been developed into one of the four mega EV manufacturing clusters. This facility will allow us to access state-of-the-art infrastructure available in the region.