Chief Minister Revanth Reddy held discussions with a delegation from Hyundai Motor India Engineering (HMIE) on Friday at MCHRD in Hyderabad. The delegation was led by HMIE Managing Director Chang-Yeon Cho.
During the meeting, they reviewed the progress of the Integrated Global Research and Development (R&D) center that Hyundai plans to establish in NIMZ, Zaheerabad, Sangareddy district.
Chief Minister Revanth Reddy invited Hyundai to set up a car manufacturing plant in Zaheerabad. He emphasized that Hyderabad is a suitable location for the automobile manufacturing sector.
The Chief Minister assured the delegation of comprehensive government support and cooperation if they choose to establish a plant in Telangana.
Hyundai representatives informed the Chief Minister that the groundbreaking ceremony for the R&D project is prepared to take place within the next few months.
Chief Minister Revanth Reddy responded favorably to the updates regarding the project's progress.
