Lucknow — Japanese automotive giant DENSO Corporation has announced an investment of Rs 250 crore to establish a cutting-edge electric vehicle (EV) component manufacturing plant in Gautam Budh Nagar, Uttar Pradesh. The upcoming facility will focus on producing motor generators, which are crucial components for hybrid and electric vehicles, strengthening the EV ecosystem in the state. The agreement was finalised during a high-level meeting at DENSO’s headquarters in Kariya, Aichi Prefecture, Japan. A delegation from Uttar Pradesh, led by Principal Secretary Alok Kumar and Finance Minister Suresh Khanna, visited DENSO’s…
Read MoreDENSO to Set Up Rs 250 Crore EV Component Plant in Gautam Budh Nagar, Uttar Pradesh
