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Telangana today announced India's first new mobility-focused cluster, Telangana Mobility Valley (TMV), at the first edition of Mobility Next Hyderabad Summit - part of the Hyderabad E-Mobility Week, to further accelerate the growth of sustainable mobility in India. Sharing the details of the TMV, KT Rama Rao, Minister for IT E&C, MA&UD and Industries & Commerce, in his inaugural address, said, "Telangana Mobility Valley will create best-in-class infrastructure making Telangana the most competitive destination for both manufacturing and E R&D in India.""TMV aims to attract investments of around Rs 50,000 crore and generate more than 4 lakh jobs in the next 5 years. For this, the State is developing 4 Mega clusters in and around Hyderabad- EV Manufacturing cluster in Zaheerabad, an EV Manufacturing cluster in Seetharampur, Energy storage system (ESS) cluster in Divitipally and Innovation cluster at Yenkathala. Each of the clusters will be equipped with state-of-the-art infrastructure to reduce the cost of operations for their tenant," the Minister added.Rama Rao said, "Further, investments aggregating Rs 3,000+ Cr are in advanced stages and will be announced in the next 2 weeks. These investments will further strengthen Electric 3-wheeler, Electric 2-wheeler and charging equipment manufacturing ecosystem in Telangana.""TMV aims to facilitate companies across all segments of sustainable mobility including Electric 2Wheelers/ 3 wheelers/ 4 wheelers, Advanced Cell Chemistry and Hydrogen fuel cells, Tier 1 and Tier 2 Component manufacturers and Auto Engineering R&D companies among others," the Minister added.Rama Rao said that the Hyderabad E-Mobility Week would be held regularly to foster collaboration by bringing together the thought leaders, experts, and global automotive ecosystem players to chart a course for sustainable mobility.As part of the event, the State also announced three Memorandums of Understanding (MoUs) -- ATS-TUV Rheinland MoU with Telangana Government; Bosch Global Software Technologies MoU with BITS Hyderabad, and Telangana Academy for Skill and Knowledge's (TASK) MoU with Shell.Delivering the keynote address, Hizmy Hassen, Chief Digital Officer, Apollo Tyres Ltd, said, "The E-Mobility Week along with other investments by the Government of Telangana is another show of great public sector commitment. The broader automotive industry should take advantage of these incentives and excellent infrastructure to accelerate sustainability in mobility. The industry needs to come together along with policymakers towards the common goal of making it more sustainable for decades to come."Talking about the future of sustainable mobility, Christian Cahn von Seelen, Executive Director, Sales, Marketing & Digital, Volkswagen Group India, said, "Sustainable mobility is achievable through the right cooperation between all stakeholders, including the supportive government policies in India. The G20 presidency of India offers a huge opportunity and there is a strong drive from various industries to address the challenges of climate change. With hard work and dedication, we can remain optimistic and see the realization of sustainable mobility in the future."Jayesh Ranjan, Principal Secretary, Information Technology, Electronics & Communications, and Industries & Commerce Departments, Govt. of Telangana gave the vote of thanks.The summit saw participation from government, academia, and industry including Kamal Bali, President and MD, Volvo Group India, Nikolaus Lang, Sr. Partner & MD, Global Leader- Global Advantage Practice, BCG, Prabhjeet Singh, President, Uber India & South Asia, Shrikant Sinha, CEO, Telangana Academy for Skill and Knowledge - TASK, Suman Mishra, CEO, Mahindra Last Mile Mobility Division, Dirk Adamczyk, SVP, Engineering Solutions ZF Friedrichshafen AG, Mamatha Chamarthi, SVP Business & Product Management, Stellantis, and Dr. Amaresh Chakrabarti, Chair, Centre for Product Design & Manufacturing, Indian Institute of Science, among others.For more information and to register for Mobility Next Hyderabad 2023, please visit the event's website at www.evhyderabad.in/mobility-next.This story has been provided by NewsVoir.will not be responsible in any way for the content of this article. (ANI/NewsVoir)( With inputs from ANI )Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

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Business :Telangana announces India's first new mobility focussed cluster

Telangana today announced India's first new mobility-focused cluster, Telangana Mobility Valley (TMV), at the first edition of Mobility Next Hyderabad Summit - part of the Hyderabad E-Mobility Week, to further accelerate the growth of sustainable mob ...