Automotive industry in Hyderabad explained
The automotive industry in Hyderabad began in the 1930s. Manufacturing started with the establishment of Hyderabad Allwyn, which manufactured auto-components and assembled Albion CX9 buses for Hyderabad State Railways. It was a joint venture of Industrial Development Trust of the Nizam's Hyderabad Government and Allwyn & Company.[1] [2] Praga Tools was established in 1943; HMT bearings opened in 1963 folloed by Ordnance Factory Medak in 1984.
21st century
Tata Boeing Aerospace Limited 2007, Deccan Auto 2011, Mahindra tractor plant 2012 and support of Telangana government expanded the industry. National and multinational companies followed, such as Hyundai Motor Company, Fiat Chrysler Automobiles and Maruti Suzuki. Research and development, manufacturing, marketing and assembling units opened in Hyderabad. The Telangana Government supported startups and attracted electric vehicle giant Triton to manufacture in Hyderabad.[3] [4] [5] [6] [7] [8]
Notes and References
- Book: Journal of the Institute of Public Enterprise. 15. 1992. Institute of Public Enterprise, Osmania University. Hyderabad. 27 June 2021. Google Books.
- Web site: New Page 1. albioncx19project.org.uk. 24 September 2024.
- News: 2018-03-14. Telangana emerging as automobile hub. en-IN. The Hindu. 2021-06-22. 0971-751X. subscription.
- Web site: 2021-06-21. Maruti Suzuki could fund your startup idea with the new Mobility Challenge: Here's how. 2021-06-22. The Financial Express. en-US. Rahul. Kapoor.
- Web site: Fiat Chrysler to invest USD 150 million in Hyderabad R&D centre, create 2400 jobs. 2021-06-22. The New Indian Express. Oishani. Mojumder.
- Web site: Deccan Auto's integrated bus plant in Telangana inaugurated – Motorindia. 2021-06-27. en-US.
- Web site: R&D Center in Hyderabad, India. 2021-06-27. news.hyundaimotorgroup.com. ko.
- News: US-based EV company Triton to set up ₹2,100 Cr- manufacturing facility in Telangana. 26 June 2021. 27 June 2021.