Sai plotify - Your Trusted Realestate Advisor
Sai plotify - Your Trusted Realestate Advisor
June 3, 2025 at 02:15 AM
🚗 Zaheerabad NIMZ: Major Beneficiary of India’s New EV Policy With India’s new EV policy offering 15% import duty for companies investing ₹4,150 Cr and achieving 50% local value addition in 5 years, Zaheerabad’s National Investment and Manufacturing Zone (NIMZ) stands out as a significant gainer. Hyundai has already secured 407 acres in NIMZ to establish an EV R&D and testing facility. The Telangana government plans to invest ₹50,000 Cr in NIMZ, aiming to generate ₹1.2 lakh Cr in revenue. Zaheerabad NIMZ, spanning 12,500 acres, is set to become a major manufacturing hub, attracting global automotive and EV companies.

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