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Chinese EV manufacturer BYD to 'Make in India' for domestic market, exports

Hyderabad-based Gold Stone Group, which sells BYD buses in the country, is setting up a greenfield manufacturing facility in the country at a cost of around Rs 2 billion

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Last Updated : Feb 13 2018 | 9:37 PM IST

Soon, Chinese electric bus maker BYD will start manufacturing in India for the domestic market, as well as exports to neighbouring countries. Hyderabad-based Gold Stone Group, which sells BYD buses in the country, is setting up a greenfield manufacturing facility in the country at a cost of around Rs 2 billion.

Goldstone Infratech Managing Director N K Rawal said the new facility, coming up this year and to be spread across 100 acres at Bidar in Karnataka, will have an initial capacity of around 1,000 units a year. Localisation of the product, around 25 per cent initially, will be increased

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