Hyderabad, Dec 11: 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 generate 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 solidifying the state’s position as a hub for clean mobility and EV manufacturing.

Welcoming the investment, Shri D. Sridhar Babu stated,

“Telangana continues to lead India’s transition to clean mobility by building a strong and future-ready electric vehicle ecosystem. KETO Motors’ investment 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 and inclusive economic growth.”

Mr. Venkatesh Challa, Director at KETO Motors, added,

“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 expand our production capabilities, deliver globally benchmarked electric buses, and support the state’s vision for sustainable transportation. This MoU marks a significant step in our long-term growth strategy and reflects our commitment to high-quality electric mobility solutions while strengthening India’s domestic manufacturing capabilities.”

The Telangana Rising Global Summit 2025 is a flagship leadership and innovation forum showcasing the state’s vision, industrial strengths, innovation ecosystem, and long-term development roadmap. The Summit also featured the release of the Telangana Rising 2047 Vision document. The event was held under the leadership of Chief Minister Shri Revanth Reddy, highlighting the state’s focus on industrial growth, innovation-driven development, and sustainable mobility.

This 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. Both parties will work closely to ensure the successful establishment of the Jadcherla facility while promoting India’s domestic EV manufacturing capabilities.

This initiative underscores KETO Motors’ commitment to expanding its presence in the electric commercial mobility sector and supporting India’s long-term transition to clean, efficient, and technologically advanced public transportation.