Introduction
Telangana, the second largest state in India, is witnessing remarkable growth in the automotive engineering and research sector. At the forefront of this development is the Telangana Mobility Valley (TMV), a pioneering new mobility cluster. TMV aims to foster innovation, attract investments, and create a sustainable future for mobility in Telangana.
Vision
Creating a Competitive Destination
Telangana Mobility Valley aspires to become a highly competitive destination for automotive manufacturing, research, and development. It offers a conducive environment for automotive engineering companies, driving growth and advancement in the industry.
Promoting Sustainable Mobility
With a focus on sustainability, TMV aims to accelerate the adoption of electric vehicles (EVs) and other clean energy solutions. It envisions Telangana as a leader in electric mobility, promoting eco-friendly transportation options.
Investments and Initiatives
TMV: Innovation Hub
Shankarpally, a key location within TMV, serves as an innovation hub for the development of advanced technologies and solutions in the automotive sector. It fosters collaboration among industry players and drives cutting-edge research.
Advancing Electric Mobility
TMV is actively promoting the adoption of electric cars in Hyderabad and beyond. By facilitating the establishment of electric vehicle manufacturing units and supporting infrastructure, TMV is paving the way for a greener and more sustainable future.
Key Investments
TMV has attracted significant investments from industry leaders, driving the growth of mobility in Telangana:
Lithium-Ion Giga Factory
With a substantial investment of INR 9500 crore, TMV is establishing a state-of-the-art lithium-ion giga factory. This facility will play a crucial role in the production of advanced batteries for electric vehicles, supporting the rapid expansion of the EV market.
Collaborations with Automotive Giants
Renowned automotive companies, such as Hyundai, are investing in TMV to establish automotive proving grounds and promote research and development. These collaborations contribute to the overall growth and innovation in the mobility sector.
Driving Economic Growth
Job Creation and Economic Opportunities
The establishment of TMV is projected to create approximately 400,000 new jobs, fostering economic growth and enhancing employment opportunities for the local population. This growth extends beyond the automotive sector, positively impacting various related industries.
Transforming Shankarpally
Shankarpally, a prominent location within TMV, is undergoing rapid transformation. The area is evolving into a thriving ecosystem for automotive research, manufacturing, and innovation, attracting talent and investments.
Promoting Green Mobility
Electric Cars in Hyderabad
As part of TMV’s vision, electric cars in Hyderabad are gaining momentum. The city is witnessing a rise in EV adoption, supported by the availability of charging infrastructure and government incentives. Electric cars offer a sustainable and environmentally friendly alternative for commuters in Hyderabad.
Sustainable Living in Shankarpally
Shankarpally, nestled within TMV, offers an ideal environment for sustainable living. With its focus on green technologies and clean transportation, Shankarpally promotes a greener lifestyle, aligning with the state’s commitment to environmental conservation.
Conclusion
Telangana Mobility Valley vision for driving the future of mobility in Telangana is steadily becoming a reality. Through strategic investments and and technological advancements. Shankarpally, a key location within TMV, is emerging as a hub for innovation and sustainable living. The rising adoption of electric cars in Hyderabad is a testament to TMV’s vision of promoting green mobility. As TMV continues to evolve, Telangana is poised to become a prominent player in the global mobility industry, contributing to a cleaner, greener, and more connected future