KETO motors signs MoU with Telangana Government for INR 300 crore electric bus manufacturing facility
KETO Motors has signed a Memorandum of Understanding (MoU) with the Government of Telangana at the Telangana Rising Global Summit 2025, held at Bharat Future City, to establish a state-of-the-art electric bus manufacturing facility in Jadcherla. The project, with an investment of INR 300 crore, will focus on 9-metre electric buses and is expected to create over 2,000 direct jobs within three years. Shri D. Sridhar Babu, Minister for Information Technology, Electronics & Communications, Industries & Commerce, and Legislative Affairs, Telangana, was present for the MoU signing. The Government of Telangana will support the project by facilitating all statutory and regulatory approvals through the TG-iPASS single-window system, further reinforcing the state’s position as a growing hub for clean mobility and EV manufacturing.
Welcoming the investment and highlighting the state’s clean mobility vision, Shri D. Sridhar Babu, Minister for Information Technology, Electronics & Communications, Industries & Commerce, and Legislative Affairs, Telangana, said, “Telangana continues to lead India’s transition to clean mobility by building a strong and future-ready electric vehicle ecosystem. The investment by KETO Motors in Jadcherla strengthens our EV value chain, boosts advanced manufacturing, and creates large-scale employment opportunities for our youth. We remain committed to supporting innovation, emerging technologies, and enterprises that contribute to sustainable, inclusive, and long-term economic growth for the state.”
Explore- Most accurate data to drive business decisions with 50+ reports across the value chain
Commenting on the announcement, Mr. Venkatesh Challa, Director at KETO Motors said, “Telangana has emerged as one of the most forward-looking states for EV manufacturing and we are proud to deepen our presence here. The new facility at Jadcherla will allow us to expand production, build globally benchmarked electric buses, and contribute meaningfully to the state’s vision for sustainable transportation. This MoU is a significant step in our long-term growth plan and reflects our commitment to delivering high-quality electric mobility solutions while strengthening India’s domestic manufacturing capabilities.”
Telangana Rising Global Summit 2025 is a flagship global leadership and innovation forum showcasing Telangana’s vision, industrial strengths, innovation ecosystem, and long term development roadmap. The Summit also features the release of the Telangana Rising 2047 Vision document. The event was held under the leadership of Hon’ble Chief Minister Shri Revanth Reddy, who has focused on strengthening the state’s industrial growth, innovation-driven development, and progress in sustainable mobility.
The MoU marks the beginning of a strategic partnership between KETO Motors and the Government of Telangana, aimed at advancing the state’s vision for sustainable transportation and fostering innovation in electric mobility. Through this collaboration, both parties will work closely to ensure the successful establishment of the Jadcherla facility and promote India’s domestic EV manufacturing capabilities.
This initiative reinforces KETO Motors’ commitment to expanding its footprint in the electric commercial mobility sector while supporting India’s long-term transition to clean, efficient, and technologically advanced public transportation.
Must read: Key industry individuals share their thoughts on the trending topics
Note: This article has been issued by KETO motors and has been published by AL Circle with its original information without any modifications or edits to the core subject/data.
Grow with
AL Circle
