India’s 1st new mobility-focused cluster in Telangana; to attract investors
The Telangana government on Monday launched the country’s first new mobility-focused cluster, Telangana Mobility Valley’ (TMV), which aims to attract investments of around Rs 50,000 crore and generate more than 4 lakh jobs in the next five years in the state.
In his inaugural address at the first edition of Mobility Next Hyderabad Summit part of the Hyderabad E-Mobility Week, state Minister for IT, Industries and Commerce K T Rama Rao said, To further accelerate growth of sustainability mobility in India, I hereby announce India’s first New Mobility focused cluster, the Telangana Mobility Valley.
He said TMV will create best in class infrastructure making Telangana the most competitive destination for both manufacturing and E R&D in India.
