Paper cuts_Hyderabad Real estate news
Paper cuts_Hyderabad Real estate news
May 26, 2025 at 12:49 PM
*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
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