Another huge investment is coming to Telangana state. World-renowned automobile giant Hyundai Motors India has come forward to invest heavily in the state. As part of this, the company has announced that it will set up a state-of-the-art Research and Development (R&D) center at a cost of Rs. 8,528 crore in Zaheerabad, Sangareddy district. About 4,275 people will get direct job opportunities through this prestigious project.

On Friday, a delegation led by Hyundai Motors India Engineering MD Changyo Cho met Chief Minister Revanth Reddy. During this meeting, they explained their investment plans to the CM. The Chief Minister was informed about the nature of the R&D center to be set up in Zaheerabad and the employment generation it will generate.

Chief Minister Revanth Reddy responded positively to Hyundai's proposals. He instructed the officials to immediately issue the necessary permissions for the establishment of the R&D center. In the same vein, he also invited Hyundai representatives to set up a car manufacturing plant in Telangana. The Chief Minister assured them that the state has a very conducive environment for setting up industries and that the government will provide all kinds of support. With

this huge investment, the Zaheerabad area will further develop as an automobile hub and the government hopes that employment opportunities for the local youth will improve significantly.