Tuesday, 02 January 2024 12:17 GMT

Gravton Motors & Telangana Govt Sign Mou To Boost EV & Autonomous Vehicle Manufacturing


(MENAFN- KNN India) Hyderabad, Dec 11 (KNN) Gravton Motors Pvt Ltd has entered into a Memorandum of Understanding (MoU) with the Government of Telangana during the Telangana Rising Global Summit 2025 at Bharat Future City.

The partnership is aimed at advancing the State's vision of building a robust and future-ready clean mobility ecosystem.

Under the MoU, Gravton Motors will establish advanced facilities for electric vehicle (EV) powertrain production, EV two-wheeler manufacturing, and autonomous ground vehicle (AGV) development.

The Government of Telangana will facilitate the project through TG-IPASS, providing faster clearances and coordinated support across departments to ensure smooth implementation.

Parshuram Paka, Founder & MD, Gravton Motors said,“The State's proactive governance and focus on innovation create the ideal foundation for companies like ours to build, scale and contribute meaningfully. We look forward to developing future-ready technology that not only benefits Telangana but strengthens India's position in the global EV landscape.”

Driving Innovation and Sustainable Mobility

The initiative is expected to encourage research-focused manufacturing, nurture skilled talent, and support the development of next-generation mobility solutions.

Key benefits of the partnership include the creation of a technology-rich environment for EV development, generation of high-skilled jobs, promotion of sustainable transportation goals, and support for the local supplier ecosystem, encouraging ancillary manufacturing and innovation in electric and autonomous vehicle technologies.

Next Steps

The MoU provides a guiding framework for cooperation, with formal agreements to be signed in the coming months. Both parties are committed to promoting industrial growth driven by sustainability, technology, and long-term value creation.

(KNN Bureau)

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