US Based Biliti Electrics Set To Establish World's Largest Unit In Hyderabad
US-based Biliti Electrics announced to establish its unit in Hyderabad, Telangana, with an investment of $150 million, on April 19. Notably, spread across 200 acres of land, the unit in Hyderabad will provide 3,000 jobs to locals, and will produce 2,40,000 three-wheelers, in a year. Led by Biliti CEO Rahul Gayam, the unit will be operational in 2024. Currently, the company manufactures vehicles in partnership with Hyderabad-based GVM.