HYDERABAD : HYUNDAI A VEHICLE SPARE PARTS MANUFACTURING COMPANY IS PLANNING TO BUILD A COMPANY IN TELANGANA. THE COMPANY WILL START OPERATIONS IN THE KOLLUR IT COMPLEX IN THE CITY SUBURBS WITH IN 20 ACRES.THIS COMPANY WILL PROVIDE 2000 JOBS AND 2 THOUSAND CRORES INVESTMENT AND MORE THAT INDIRECTLY THOUSAND OF PEOPLE GET THE JOBS FROM THIS COMPANY .IT HAS DECLARED THAT PRODUCTION WILL START AT THE ENDING OF 2020. ENGINEERING, RESEARCH, DEVELOPMENT, IT , OPERATIONS WILL BE DONE FROM HERE.THE TELANGANA GOVERNMENT PROMISE TO PROVIDE TECHNICAL SUPPORT FOR AUTOMOBILE COCKPIT AND FOR OTHER SECTIONS .
THE COMPANY PROPOSES TO SET UP A 2,000 EMPLOYEE INTEGRATED CAMPUS BY BUILDING AROUND ONE MILLION SQ FT OVER THE NEXT FEW YEARS IN A CAMPUS SPREAD OVER 20 ACRES. THE COMPANY PLANS TO MAKE THE CAMPUS OPERATIONAL BY 2020. THE MINISTER HAS ISSUED THE ALLOTMENT LETTER TO THE COMPANY FOR AN EXTENT OF 20 ACRES IN THE KOLLUR/OSMANNAGAR CLUSTER IN THE PRESENCE OF THE PRINCIPAL SECRETARY IT AND INDUSTRIES, JAYESH RANJAN AND THE CHIEF RELATIONS OFFICER, AMARNATH REDDY ATMAKURI. THE MINISTER HAS ALSO DIRECTED THE MD TSIIC, E V NARASIMHA REDDY TO IMMEDIATELY CLEAR ALL PROCEDURES AND COMPLETE THE ALLOTMENT AT THE EARLIEST IN LIEU OF THE YEAR 2020 TARGET DATE SET BY THE COMPANY TO CREATE IT CAMPUS.
- KTR WELCOMES THE HYUNDAI COMPANY IN TELANGANA
- HYUNDAI ESTABLISHED IN KOLLURU
