In a bid to sharpen focus on key sectors of the State of Telangana and national importance, such as Electric Vehicles, Ambulances & Mobile Medical Units and Defense, MG Group flagship MG Automotive has inaugurated its EV Park in Zaheerabad.
According to the company, the park will function as an incubating hub for several start-up enterprises in the e2W and e3W space in Telangana. The location also happens to house the group's mother plant, which was commissioned in 1996 by its Founder & Chairman, Mohan V Kamat.
Speaking at the inaugural function, Anil M Kamat, Managing Director, MG Group, said that the initial investment in this facility was made primarily to cater to Mahindra & Mahindra, Zaheerabad for its bus body requirements as a single source and further adding to State Transport Undertakings and private institutions. Further, the company aims to provide its expertise in design, engineering, development, components supply and assembly for the start-ups, the release added.
Interestingly, the flagship brand has incubated various start-ups, including Padmaja Greentech, to enable them to market their e3Ws and Zero 21 Renewable Energy Solutions to market their e3Ws.
The company is interacting with a few other EV start-ups in and around Hyderabad to help launch their businesses and be a catalyst in the development drive of the Telangana Government in the sustainable development of fossil-free transport solutions.
The journey of the EV park began in 2014 with the setting up of MG Composites LLP for FRP and advanced composites components for the automotive, non-automotive and defence sectors for both domestic and export markets.
Under this, the company is manufacturing containers for transportation of explosives, negotiating underwater mines and naval ship antennas and radomes for the Defense Sector for domestic and export requirements.
Later in 2016 MG Grey Engine LLP was established for manufacturing bus electrical and electronic components, adjoining the MG Automotives bus building facility in Zaheerabad.
Until March 2020, it has delivered more than 80,000 buses and other special application vehicles to customers from this plant, the company said.
According to the company, the three manufacturing units together, including the EV Park will generate direct employment for more than 1,500 people, most of them from Zaheerabad and its surrounding areas.
Furthermore, women's empowerment will also be encouraged. Over 90% of the workforce is women at the MG Grey Engine LLP, the company said.