Ponnam invites automobile, EV companies to invest in Telangana

Hyderabad, Nov 11 (UNI) Telangana Transport and BC Welfare Minister Ponnam Prabhakar has invited automobile, auto-component and electric vehicle (EV) companies to make large-scale investments in Telangana and participate in the Invest Telangana Global Summit-2026, scheduled to be held from December 7 to 9 at Bharat Future City. Chairing the first Executive Council meeting of the automobile, auto-components and EV sectors at the Secretariat on Wednesday, the Minister said the government, under the leadership of Chief Minister Revanth Reddy, was working towards transforming Telangana into a developed state by 2047, with targets of achieving a USD 1 trillion economy by…