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Olectra Greentech to set up new plant at Telangana

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By RACE Innovations Pvt Ltd - 1st November 2021

Hyderabad / Shabad / China - Olectra Greentech Ltd (formerly Goldstone Infratech Ltd) through its strategic tie-up with BYD Auto Industry of Shenzhen, China, has been allotted 150 acres of land situated at the Seetharampur Industrial Park, Shabad (Mandal), Telangana for setting up of green field factory (i.e. EV manufacturing facility) from Telangana State Industrial Infrastructure Corporation Ltd (TSIIC). Any further investment plans were not disclosed at this time.

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