
SiriNava Estates Hyderabad
May 28, 2025 at 04:15 AM
*Telangana Govt Approves Hyundai’s Rs 8,528 Cr R&D Center Plan*
The Telangana government has greenlit Hyundai Motor Company’s proposal to establish a major R&D facility in the state.
*Investment & Location:*
*Proposed investment* : Rs 8,528 crore
*Location* : Zaheerabad, in the National Investment and Manufacturing Zone (NIMZ)
*Land area* : 675 acres
*Facility Features* :
Automotive test track, pilot line, and prototyping systems
Expected to generate 4,276 jobs
*Strategic Significance:*
Part of Hyundai’s expanded innovation and local manufacturing drive
Complements Hyundai’s existing 15-acre R&D center in Hyderabad
