Automotive industry in Hyderabad
The automotive industry in Hyderabad was introduced in the 1930s and manufacturing started with the establishment of Hyderabad Allwyn which used to manufacture auto-components and assemble Albion CX9 buses for Hyderabad State Railways. It was a joint venture of Industrial Development Trust of the Nizam's Hyderabad Government and M/s Allwyn & Company.[1][2] Following to which Praga Tools was established in 1943 and in post independence of India; HMT bearings in 1963 and Ordnance Factory Medak in 1984 were established.[citation needed]
With the establishment of Tata Boeing Aerospace Limited 2007, Deccan Auto 2011, Mahindra tractor plant 2012 and support of Telangana government had attracted major national and multinational companies such as Hyundai Motor Company, Fiat Chrysler Automobiles and Maruti Suzuki to establish their Research and development, manufacturing, marketing and assembling units in Hyderabad. The latest initiative by Telangana Government to ease and friendly policy for startups had attracted Electric vehicle giant Triton to start their operations and manufacturing in Hyderabad.[3][4][5][6][7][8]
References
[edit]- ^ Journal of the Institute of Public Enterprise. Vol. 15. Hyderabad: Institute of Public Enterprise, Osmania University. 1992. Retrieved 27 June 2021 – via Google Books.
- ^ "New Page 1". albioncx19project.org.uk. Retrieved 24 September 2024.
- ^ "Telangana emerging as automobile hub". The Hindu. 14 March 2018. ISSN 0971-751X. Retrieved 22 June 2021.
- ^ Kapoor, Rahul (21 June 2021). "Maruti Suzuki could fund your startup idea with the new Mobility Challenge: Here's how". The Financial Express. Retrieved 22 June 2021.
- ^ Mojumder, Oishani. "Fiat Chrysler to invest USD 150 million in Hyderabad R&D centre, create 2400 jobs". The New Indian Express. Retrieved 22 June 2021.
- ^ "Deccan Auto's integrated bus plant in Telangana inaugurated – Motorindia". Retrieved 27 June 2021.
- ^ "R&D Center in Hyderabad, India". news.hyundaimotorgroup.com (in Korean). Retrieved 27 June 2021.
- ^ "US-based EV company Triton to set up ₹2,100 Cr- manufacturing facility in Telangana". 26 June 2021. Retrieved 27 June 2021.
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