Chinese electric car maker BYD likely to drive into Telangana with first plant in India
- BYD is likely to establish its first plant in Telangana, pending approval from the government.
- The project is expected to be a major investment, creating thousands of jobs and supporting local component makers, according to officials.
- BYD's plans have previously been on hold due to strained India-China relations, but new signals suggest that progress may be forthcoming, pending governmental clearances.
- The Telangana government has shown about 200 acres in Chandanvelly for the proposed plant's location, ensuring a smooth entry for companies like BYD.
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