The Telangana government is placing a special focus on attracting large-scale investments in the automobile, auto components, and electric vehicle sectors during the upcoming Invest Telangana Global Summit 2026. The state aims to expand its economy to $1 trillion by 2034 and $3 trillion by 2047.

The Telangana government is set to place a special focus on attracting large-scale investments in the automobile, auto components, and electric vehicle (EV) sectors during the upcoming Invest Telangana Global Summit 2026. The summit is scheduled to be held at Bharat Future City in Hyderabad from December 7 to 9.

As part of its long-term economic strategy, the state government has set a target of expanding Telangana's economy to $1 trillion by 2034 and $3 trillion by 2047. According to state officials, Telangana offers significant investment opportunities across automobile manufacturing, auto components, electric mobility, battery technology, and EV charging infrastructure.

Highlighting the state's commitment to sustainable mobility, the government noted that a dedicated electric vehicle policy was introduced two years ago with the objective of making Telangana a pollution-free state. Under this policy, the government offers a 100 percent exemption on road tax and registration fees to encourage the adoption of electric vehicles.

These policy incentives have resulted in the sale of 2,17,690 electric vehicles in the state over the past two years. The tax exemptions extended during this period amount to approximately ₹2,343 crore.

To further strengthen the state's automobile and mobility ecosystem, the government is currently developing three industrial parks and mobility clusters. Key destinations identified for industrial development and investment include the National Investment and Manufacturing Zone (NIMZ) at Zaheerabad, alongside the areas of Enkathala and Kodangal.

Assuring investors of full government support, state representatives stated that the administration would facilitate necessary approvals, policy assistance, and infrastructure development to ensure a conducive business environment for incoming enterprises.

"The focus of the Telangana government on the electric vehicle and automobile sectors through dedicated industrial clusters and tax incentives provides a strong foundation for manufacturing growth. Setting clear economic targets alongside policy support creates a predictable environment for businesses looking to scale operations in regional industrial hubs like Zaheerabad." — Dr. Shishir Gupta, Founder & CEO, StartupLanes

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