Chief Minister A Revanth Reddy urged the Hyundai Motors to establish a car manufacturing unit in Telangana. He said that Hyderabad is an ideal location for Hyundai to establish car manufacturing.
On Friday, a delegation of Hyundai Motors India Engineering (HMIE) led by Managing Director Changyeon Cho met the Chief Minister at the Bodhi Pavilion at MCHRD Institute.
During the meeting, the Chief Minister assured that the state government is ready to provide all possible support to encourage manufacturing in Telangana. He said: “we are centrally located in the country and Hyderabad is known for being cosmopolitan, safest and having most livable conditions among the six metropolitan Indian cities.”
He assured the Hyundai Motors India leadership of all possible support for expediting works for the Hyundai Motor India Engineering (HMIE) Integrated Global R&D facility at National Investment and Manufacturing Zones (NIMZ) Zaheerabad. The facility, involving an investment of Rs 8,528 crore and total employment commitment of 4,276 jobs, is set for phased development across 678 acres.
The Hyundai team apprised the Chief Minister about progress of the project, stating that the facility would be ready for groundbreaking in the next few months. The team noted that HMIE’s presence in Hyderabad dates back to 20 years with the Hitec City facility serving as a major R&D center supporting advanced vehicle engineering.
During the World Economic Forum 2024, the delegation led by the Chief Minister met the officials of Hyundai Motors to attract investments to Telangana. Subsequently, in June 2025, the Telangana cabinet sub-committee on industrial and investment promotion had approved Hyundai’s proposal to establish the R&D Centre.
Speaking on this occasion, HMIE MD Changyeon Cho said Hyundai’s vision to further strengthen Hyderabad as its global tech and advanced engineering tech complements the Telangana Rising 2047 vision. We will continue the Telangana growth story, he added.