Telangana IT & Industries minister said that TMV would attract investments of around ₹50,000 crore and generate more than 4 lakh jobs.
Telangana IT Minister KTR announced the Telangana Mobility Valley (TMV) to facilitate companies across all segments of sustainable mobility. (Supplied)
To accelerate the growth of sustainable mobility in the country, the Telangana government on Monday, 6 February, announced the setting up of what it says is India’s first new mobility-focused cluster — the Telangana Mobility Valley (TMV).
The Minister for IT E&C, MA&UD and Industries & Commerce KT Rama Rao made the announcement at the first edition of Mobility Next Hyderabad Summit — a part of the Hyderabad E-Mobility Week.
“Telangana Mobility Valley aims to facilitate companies across all segments of sustainable mobility including electric two, three and four-wheelers. In a way, we are bringing together industry and the academia to set up a series of Centres of Excellence (COE) to create industry-ready talent,” KTR explained.
On 5 February, the Telangana government kicked off its flagship event — the Hyderabad E-Mobility Week — to commemorate India’s first Formula E-Prix on 11 February in Hyderabad, with a different event every day.
Meanwhile, the BRS leader said that the Hyderabad E-Mobility Week would now be a regular affair in the automotive ecosystem allowing several stakeholders to develop platforms for sustainable mobility.
KTR claimed that the Telangana Mobility Valley would create best-in-class infrastructure, making Telangana the most competitive destination for manufacturing and e-mobility R&D in India.
A model of the TMV. (Supplied)
“TMV aims to attract investments of around ₹50,000 crore and generate more than four lakh jobs in the next five years. For this, the state is developing four mega clusters in and around Hyderabad.”
Listing some of the companies who have agreed to invest, KTR said, “Amara Raja (batteries) will invest ₹9,500 crore to set up Li-Ion giga-factory, Hyundai (₹1,400 crore) for setting Automotive Proving Grounds, Apollo to set up Digital Innovation Centre for driving efficiency… and there are many others.”
He added that the Telangana government is in advanced stages of negotiations to attract investments of more than ₹3,000 crore.
“They will be announced in the next two weeks. The investments will further strengthen the electric two- and three-wheeler and charging equipment manufacturing ecosystem in Telangana,” he noted.
Minister @KTRBRS speaking at Mobility Next Hyderabad Summit 2023. #mobilitynexthyderabad https://t.co/ecFPRjdmh6
— KTR, Former Minister (@MinisterKTR) February 6, 2023
The EV manufacturing clusters are expected to come up in Zaheerabad and Seetharampur, the energy storage system (ESS) cluster in Divitipally, and the innovation cluster at Yenkathala.
“We are setting India’s most comprehensive shared-testing and validation infrastructure at Yenkathala. This includes state-of-the-art labs for EV powertrain, EV battery, ADAS (advanced driver assistance systems), NVH (noise, vibration, harshness), EMI-EMC (electromagnetic interference and electromagnetic compatibility) and component test labs, and India’s first CAV (connected autonomous vehicles) proving grounds to test autonomous vehicles in 100-plus acres,” KTR said.
The state also announced three memoranda of understanding (MoUs) — ATS-TUV Rheinland (to invest ₹250 crore to develop facilities in Yenkathala) with Telangana Government; Bosch Global Software Technologies with BITS Hyderabad, and Telangana Academy for Skill and Knowledge’s (TASK) with Shell.
Another focus of the Telangana Mobility Valley is to promote mobility start-ups in Telangana.
“T-Hub has partnered with leading mobility corporates such as Maruti Suzuki, Nissan and Uber for identifying innovative start-ups and has incubated successful start-ups such as Biliti Electric, Hala Mobility and others. An MoU with Plug and Play to set up co-working and incubation spaces for start-ups,” KTR said.
Meanwhile, a “Grand Start-up Challenge” is scheduled at T-Hub on Tuesday as part of Hyderabad E-Mobility week.
“Over 100-plus start-ups in the mobility space have submitted cutting edge ideas,” KTR said.
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