Chinese EV giant BYD is all set to shift gears in India, choosing Telangana as the home for its first-ever manufacturing facility in the country. This move could turn Hyderabad into a major EV hub, creating jobs and boosting local industries.
After extensive talks with the Telangana government, which has offered full support—including land allocation—BYD is now scouting three potential sites near Hyderabad. A final decision is expected soon, paving the way for an official agreement.
Why Does This Matter?
BYD currently imports its EVs from China, leading to high costs due to import duties. A local factory means lower production costs, competitive pricing, and a stronger foothold in India’s booming EV market. Plus, this investment could attract EV component manufacturers, fostering an automotive cluster in the region.
With Telangana set to host India’s first BYD factory, the state is driving into the fast lane of the electric revolution.
