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Minister KTR pitches for Arrival, a London-based NASDAQ technology company in the UK to Telangana.

 

 


The Telangana Industries and Commerce Minister Mr K T Rama Rao along with Principal Secretary Jayesh Ranjan and the senior leaders of ALLOX Resources (a Hyderabad-based company) visited Arrival UK Limited at Banbury. Arrival is a London headquartered NASDAQ-listed revolutionary Technology company which is using a new and better approach to sustainable manufacturing focusing on electric vehicles in the Commercial vehicle segment like buses and vans.

Arrival UK Ltd has joined hands Allox Resources LLP to scope the Business for Arrival’s Buses and other Electric Vehicles in Telangana and India as a territory.

Minister Mr KTR discussed the possible use of Arrival vans and buses for last-mile connectivity for the Metro, ambulance services, and long haul bus services among others. He wished to see Arrival’s Bus fleet service being launched in Hyderabad in line with Telangana’s vision to become the most electrified state in India in terms of mobility. With companies like Arrival investing in Telangana, this goal should be achieved sooner.

Minister Mr KTR and Principal Secretary IT, I&C Jayesh Ranjan assured Arrival of all possible support from the government of Telangana. They also discussed the EV policy which provides preferential market access to companies manufacturing out of Telangana and handed over a letter of support to Arrival for preferential market access for its buses. The state would soon also encourage private companies and educational institutions to shift to Electric buses to reduce the net emissions.

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