Lohia Auto Industries, the automobile division of Lohia Global worth Rs 7 billion, is planning to start a facility in southern India.
Lohia Auto CEO Ayush Lohia said the company is scouting various sites in Andhra Pradesh and Telangana to set up the facility.
The company would require around 50-75 acres of land for the project that could attract an investment worth Rs 1 billion, he said.
If Lohia decides to set up a facility in Andhra Pradesh, it will join auto brands Kia, Hero, Isuzu and several others. Dozens of auto-component makers are also investing billions of dollars in the