HomeAutoTelangana announces India's First New Mobility Focussed Cluster

Telangana announces India’s First New Mobility Focussed Cluster

Reader's Pick

  • Shri KT Rama Rao unveils Telangana Mobility Valley at Hyderabad E-Mobility Week

  • Aims to attract INR 50,000 crore investments, generate 4 lakh jobs in the next 5 years

Telangana today announced India’s first new mobility-focused cluster, Telangana Mobility Valley (TMV), at the first edition of Mobility Next Hyderabad Summit – part of the Hyderabad E-Mobility Week, to further accelerate the growth of sustainable mobility in India. Sharing the details of the TMV, Shri KT Rama Rao, Minister for IT E&C, MA&UD and Industries & Commerce, in his inaugural address, said, “Telangana Mobility Valley will create best-in-class infrastructure making Telangana the most competitive destination for both manufacturing and E R&D in India.”

Shri KT Rama Rao unveiling Telangana Mobility Valley at Mobility Next Hyderabad Summit 2023

- Advertisement -

“TMV aims to attract investments of around INR 50,000 crore and generate more than 4 lakh jobs in the next 5 years. For this, the State is developing 4 Mega clusters in and around Hyderabad- EV Manufacturing cluster in Zaheerabad, an EV Manufacturing cluster in Seetharampur, Energy storage system (ESS) cluster in Divitipally and Innovation cluster at Yenkathala. Each of the clusters will be equipped with state-of-the-art infrastructure to reduce the cost of operations for their tenant,” the Minister added.

Shri Rama Rao said, “Further, investments aggregating INR 3,000+ Cr are in advanced stages and will be announced in the next 2 weeks. These investments will further strengthen Electric 3-wheeler, Electric 2-wheeler and charging equipment manufacturing ecosystem in Telangana.”

“TMV aims to facilitate companies across all segments of sustainable mobility including Electric 2Wheelers/ 3 wheelers/ 4 wheelers, Advanced Cell Chemistry and Hydrogen fuel cells, Tier 1 and Tier 2 Component manufacturers and Auto Engineering R&D companies among others,” the Minister added.

Shri Rama Rao said that the Hyderabad E-Mobility Week would be held regularly to foster collaboration by bringing together the thought leaders, experts, and global automotive ecosystem players to chart a course for sustainable mobility.

- Advertisement -

As part of the event, the State also announced three Memorandums of Understanding (MoUs) – ATS-TUV Rheinland MoU with Telangana Government; Bosch Global Software Technologies MoU with BITS Hyderabad, and Telangana Academy for Skill and Knowledges (TASK) MoU with Shell.

Delivering the keynote address, Hizmy Hassen, Chief Digital Officer, Apollo Tyres Ltd, said, “The E-Mobility Week along with other investments by the Government of Telangana is another show of great public sector commitment. The broader automotive industry should take advantage of these incentives and excellent infrastructure to accelerate sustainability in mobility. The industry needs to come together along with policymakers towards the common goal of making it more sustainable for decades to come.”

Talking about the future of sustainable mobility, Christian Cahn von Seelen, Executive Director, Sales, Marketing & Digital, Volkswagen Group India, said, “Sustainable mobility is achievable through the right cooperation between all stakeholders, including the supportive government policies in India. The G20 presidency of India offers a huge opportunity and there is a strong drive from various industries to address the challenges of climate change. With hard work and dedication, we can remain optimistic and see the realization of sustainable mobility in the future.”

Shri Jayesh Ranjan, Principal Secretary, Information Technology, Electronics & Communications, and Industries & Commerce Departments, Govt. of Telangana gave the vote of thanks.

The summit saw participation from government, academia, and industry including Kamal Bali, President and MD, Volvo Group India, Nikolaus Lang, Sr. Partner & MD, Global Leader- Global Advantage Practice, BCG, Prabhjeet Singh, President, Uber India & South Asia, Shrikant Sinha, CEO, Telangana Academy for Skill and Knowledge ‐ TASK, Suman Mishra, CEO, Mahindra Last Mile Mobility Division, Dirk Adamczyk, SVP, Engineering Solutions ZF Friedrichshafen AG, Mamatha Chamarthi, SVP Business & Product Management, Stellantis, and Dr. Amaresh Chakrabarti, Chair, Centre for Product Design & Manufacturing, Indian Institute of Science, among others.

For more information and to register for Mobility Next Hyderabad 2023, please visit the events website at www.evhyderabad.in/mobility-next.

Subscribe to our Newsletters

- Advertisement -

We don’t spam! Read our privacy policy for more info.

- Advertisement -

Read latest Business News and Startup news on TechGraph. Watch live and latest news on TechGraph TV. Follow us on Facebook or follow us on Twitter and Instagram. Listen audio news from TechGraph Briefings on Spotify, Google Podcast, Amazon Music & on Apple Podcast.

Latest News

Promoted Links

Related Stories

Paytm Payouts transfers Rs 1,500 crores

India-based e-wallet company, PayTM said, "Its Paytm Payouts has transferred ov...

Japan approves 26 trillion yen as economic stimulus package to combat overseas risks

Japan's cabinet approved an economic stimulus package worth 26 trillion yen ($2...

Sino-US trade war offers Europe’s chance to bank more Chinese reserves: Analysis

Should European countries want the euro to replace the dollar as the world's do...

Samsung Electronics asks its shareholders to use electronic voting for upcoming AGM

Technology giant Samsung Electronics has adopted electronic voting for the firs...

Rahul Gandhi hits on RCEP says, ‘Make in India’ has become ‘Buy from China’

Asserting that "Make in India" has become "Buy from China," Congress leader Rah...

Employees union seeks FIR against Jet Airways boss Naresh Goyal, Vinay Dube and on SBI Chairman

The employee union of Jet Airways, which is facing its worst crisis, Friday sou...

Rajesh Bysani joins Brainly as its new CPO

A New York headquarter peer-to-peer learning platform, Brainly has announced th...

Turno snaps $13.8 Mn from B Capital & Quona Capital

Turno, an India-based commercial electric vehicle (EV) distributor, and financi...

Startup investment through convertible notes has waned: Shivam Bajaj, CEO of Avener Capital

Speaking to the TechGraph editorial team, Shivam Bajaj Founder & CEO of Ave...

“This is Not A Bailout” Minister Karin Keller-Sutter on UBS Credit Suisse Takeover

Speaking about the merger of UBS and Credit Suisse, Switzerland Finance Ministe...