Telangana CM Pitches Hyderabad for Hyundai Manufacturing Facility
· Automobile · The Hindu, Deccan Chronicle
Telangana Chief Minister A. Revanth Reddy has proposed Hyderabad as a prime location for a new Hyundai car manufacturing facility. The Chief Minister met with a delegation from Hyundai Motors India Engineering, led by managing director Changyeon Cho, to discuss investment opportunities in the state. The government has pledged full support for the project, citing the state's robust infrastructure and dedicated mobility clusters. Hyundai is currently developing an integrated Global R&D facility at the National Investment and Manufacturing Zones in Zaheerabad, which involves an investment of ₹8,528 crore and is expected to create over 4,000 jobs.
Why it matters
Securing a major manufacturing plant from Hyundai would significantly boost Telangana's industrial profile and create thousands of jobs in the automotive sector.
Read the original report — The Hindu
Join us on Telegram
Breaking news the moment it lands. At 10,000 members we ship the Android app.