HYDERABAD: In a move that is all set to drive Telangana's mobility sector into a higher gear, South Korean auto giant Hyundai is planning to cruise into the state with an investment of 1,400 crore in setting up a proving grounds or test tracks in the proposed Telangana Mobility Valley.
The first-of-its-kind Telangana Mobility Valley (TMV) will be coming up in Mominpet mandal of Vikarabad district, Telangana industries principal secretary Jayesh Ranjan told TOI from Davos where the World Economic Forum (WEF) is underway.