Hyderabad: Mahindra & Mahindra Limited (‘M&M’) to set up Last Mile Mobility Electric Vehicle manufacturing facility as expansion of its existing manufacturing facilities at Zaheerabad, Telangana The Government of Telangana signed an MoU with Mahindra & Mahindra Ltd for establishing a manufacturing facility, including development and production of electric 3 and 4 wheelers,
The state-of-the-art facility from M&M, together with its group companies, is an expansion of their existing factory in Zaheerabad, and involves an investment of approximately ₹1,000 crore, creating employment to about 800-1,000 people