New Launch11 Jan 2025, 10:34 pm
Azad India Mobility Ltd. Secures 70.71 Acres of Land for EV Manufacturing Unit
AI Summary
Azad India Mobility Ltd. (formerly Indian Bright Steel Co Ltd) has received provisional allotment of 36 acres of land for Phase-I and reservation of lands for Phase-II (26 acres) and Phase-III (8.71 acres) from A.P. Industrial Infrastructure Corporation Limited, an undertaking of the Government of Andhra Pradesh. The total in-principle allotment is 70.71 acres, located at UDL-5, Gudipalli APIIC layout, Sri Sathya Sai District. The land will be used for setting up a unit for manufacturing of EV-3 wheeler, EV Truck and EV Buses for industrial use.
Key Highlights
- Azad India Mobility Ltd. secures 70.71 acres of land for EV manufacturing unit
- Land allotment for manufacturing of EV-3 wheeler, EV Truck and EV Buses
- Allotment at UDL-5, Gudipalli APIIC layout, Sri Sathya Sai District
- Provisional allotment of 36 acres for Phase-I and reservation of lands for Phase-II and Phase-III
- A step towards sustainable transportation solutions