Telangana Eyes Global Investment for Automobile Sector
Minister Ponnam Prabhakar to meet industry leaders to explore investments in EVs, batteries and clean mobility
Hyderabad: The Telangana government plans to attract global investments to the state in the automobile sector, especially in the electric vehicle (EV) space, during the upcoming 'Invest Telangana Global Summit 2026 '. Transport minister Ponnam Prabhakar will hold the first meeting of the executive council for the automobile sector on Wednesday.
The meeting will aim to understand companies' interest in investing in Telangana’s automobile sector and to review their investment proposals for ongoing projects and industrial expansion plans. This aims to strengthen coordination between industries and government departments to establish Telangana as a premier investment destination for the automobile sector.
During the meeting, Prabhakar will meet with entrepreneurs and representatives from automobile sector companies. He will gather insights regarding their interest in investing in Telangana, their investment proposals, ongoing projects, plans for industrial expansion, and future development opportunities.
Furthermore, the minister will seek suggestions and advice from these industry leaders on topics such as manufacturing automobiles, including electric vehicles, developing EV charging infrastructure, battery technology, clean mobility, and integrating advanced technologies within the transport sector.