Telangana pitches Hyderabad for Hyundai plant and fast-tracks ₹8,528 cr R&D hub
Telangana Chief Minister Revanth Reddy urged Hyundai to locate a new car factory in Hyderabad and promised swift support for its ₹8,528 crore research centre in Zaheerabad.
Hyderabad was presented by Chief Minister Revanth Reddy as a strategic hub for Hyundai’s next car plant, emphasizing its central position in India and high quality of life. The state offered comprehensive support to speed up the Hyundai Motor India Engineering integrated global R&D centre at Zaheerabad’s NIMZ, a venture valued at ₹8,528 crore and slated to generate 4,276 jobs across 678 acres. Hyundai’s investment, announced as a $15.5 billion commitment from 2026 to 2032, will be executed through Hyundai Motor India, Kia India and related subsidiaries, covering manufacturing expansion, supplier development and future technology innovation.
Existing Hyundai and Kia factories operate in Chennai, Pune and Anantapur, while the new Zaheerabad site will add testing and advanced engineering capabilities. The meeting, attended by HMIE Managing Director Changyeon Cho, also referenced Telangana’s broader industrial plans, including the Bharat Future City project and upcoming Invest Telangana Global Summit 2026.
Why it matters
The deal could boost regional employment, strengthen India's auto sector and position Hyderabad as a major automotive R&D hub.
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