South Africa tour of India 2019
KTR: Hyderabad Can Become An Automobile Tech Hub
From wearing multiple crowns of the country’s IT, pharmaceutical, and startup hubs to being renowned for its active aerospace and defense ecosystem. Now Hyderabad is making its mark in the automobile technology sector, with one more global firm choosing the city to set up shop.
American automotive aftermarket parts provider Advance Auto Parts joined a long list of marquee companies in Hyderabad by opening its Global Capability Centre (GCC) here. This is the 2nd largest such center outside the company’s headquarters in North Carolina in the US.
KT Rama Rao, speaking on occasion, said Hyderabad’s growing technology talent had the potential to make the city a hub for automobile technology in the country.
Urging companies like Advance Auto Parts to make the city the one-stop-shop for all their business needs, KTR said the State was looking forward to Advanced Auto Parts being a significant part of the Telangana Mobility Valley (TMV) developed by the State government in Vikarabad.
“This is the first automobile company to establish its technology presence in Hyderabad and the 2nd largest office outside its US headquarters. With this, the company has joined the list of marquee companies such as Amazon, Google, and Microsoft,” he said, adding that a leading Fortune 500 automotive parts provider setting up its GCC in Hyderabad was testimony to the investor-friendly policies of the Telangana government.
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