Revanth woos Hyundai, makes pitch for car manufacturing unit in T
Hyderabad : In a fresh push to position Telangana as a major automotive and mobility hub, chief minister A Revanth Reddy on Friday invited Hyundai to set up a car manufacturing unit in the state, while assuring the South Korean auto giant of full govt support for its proposed ₹8,528 crore integrated R&D facility at Zaheerabad. The project involves an investment of ₹8,528 crore and an employment commitment of 4,276 jobs and is planned to be developed in phases over 678 acres. During the World Economic Forum in 2024, a Telangana delegation led by the chief minister had engaged Hyundai executives to explore investment opportunities in the state. Subsequently, the cabinet sub-committee on industrial and investment promotion approved the company’s proposal for the R&D facility in June 2025. The chief minister invited Hyundai’s leadership to participate in the Invest Telangana Global Summit 2026.
Highlighting Telangana’s strategic advantages, Revanth said the state was ideally positioned to host large-scale automobile manufacturing investments. “We are centrally located in the country, and Hyderabad is known for being cosmopolitan, safest and having the most livable conditions among the six metropolitan Indian cities,” he said. The Hyundai team briefed the chief minister on the project’s progress and said groundwork for the facility could begin in the coming months.
A delegation of Hyundai Motors India Engineering (HMIE) led by its managing director Changyeon Cho met the chief minister at his camp office on the MCR HRD Institute campus. The chief minister assured Hyundai’s leadership of all support for expediting the proposed HMIE integrated global research and development facility at the National Investment and Manufacturing Zone, Zaheerabad. The meeting also reflected the state govt‘s sustained efforts to attract marquee global investments.