Top

Telangana Eyes Major Investments in Automobile, EV Sectors

The minister sought suggestions from industry representatives on setting up new industries, expanding existing facilities and addressing policy-related requirements

Hyderabad: The Telangana government has set its sights on attracting major investments in the automobile and electric vehicle (EV) sectors at the upcoming Invest Telangana Global Summit-2026.

The first meeting of the executive council for the automobile and electric vehicles sector was held at the Secretariat on Wednesday under the chairmanship of Transport Minister Ponnam Prabhakar.

Around 25 prominent industrialists and representatives of leading companies participated in the virtually organized meeting. The meeting discussed investment opportunities in automobile manufacturing, electric vehicles, EV charging infrastructure, battery technology and clean mobility in Telangana.

The minister also sought suggestions from industry representatives on setting up new industries, expanding existing facilities and addressing policy-related requirements. Discussions were also held on securing the participation of leading automobile and EV companies in the Investment Expo to be organised as part of the Global Summit.

The participants shared their views on policy support, infrastructure requirements and government assistance needed to attract investments. The meeting also identified key issues for a special session on the automobile and EV sectors during the summit.

The minister said the objective was to make Telangana one of the country's leading destinations for automobile and electric vehicle investments. He stressed the need for coordination between industries and government departments to attract fresh investments and generate employment opportunities.

The meeting also discussed preparing an action plan to facilitate investments and strengthen the state's automobile and EV ecosystem.


( Source : Deccan Chronicle )
Next Story