Automotive industry in Hyderabad
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 followed by Ordnance Factory Medak in 1984.[citation needed]
The industry expanded in the 21st century with support of the Telangana government and the introductions of Tata Boeing Aerospace Limited in 2007, Deccan Auto in 2011 and a Mahindra tractor plant in 2012. 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 company Triton to manufacture 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.[page needed]
- ^ "Other Albion CX19S". 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 (16 December 2020). "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. 29 July 2015. 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". livemint.com. 26 June 2021. Retrieved 27 June 2021.