Global automotive companies are focusing on Hyderabad, trying to set up their technology and innovation centres for product engineering, research and development.
Kollur to getting New IT Cluster
A team of South Korean car parts company Hyundai Mobis met with their CBRE consultants and the IT and industry minister KT Rama Rao in order to set up a Mega Campus for the Company in Kollur/Osmannagar IT cluster in the area of 20 acres, as part of the series of companies which are interested in the area.
In the next few years, the organisation is proposing to create a 2000-strong integrated campus, constructing about a million square metres on a 20-acre campus. By 2020, the Company plans to operate the campus. The campus will undertake activities such as product engineering, research and development, and associated IT & ITeS activities.
In the presence of Chief Secretary of IT and Industries, Jayesh Ranjan and the chief relations officer, Amarnath Reddy Atmakuri, the Minister released a letter to the Company covering an area of 20 acres in the Kollur-Osmannagar cluster. The Minister also instructed MD TSIIC, EV Narasimha Reddy to clear up all procedures as soon as possible and to complete the allocation as before the planned date for the Company's construction of its campus for 2020.
KTR stated that the Company building its campus in Kollur/Osmannagar contributes to the development of a large mobility cluster in Hyderabad. The business will provide the rising automotive and intelligent mobility ecosystem in the city with great impetus. In this link, the government is already collaborating with a few other major car companies. It was delighted that the firm has made this huge investment in the city and looking forward to creating an integrated mobility cluster in Kollur with the business and other automobile giants.