Monarch Tractors discusses investment, mfg plans with Telangana govt

Monarch Tractors, a U.S.-based driver-optional electric tractor company, met with Telangana Chief Minister Revanth Reddy, and other senior government officials during their trip to the U.S. aimed at bringing investments into Telangana, an per an official release.According to the release, Monarch Tractors has had a research and development center in Hyderabad since 2023. The company discussed plans to expand that R & D center, creating more high-tech jobs in the region. Monarch team announced to set up an autonomous tractor testing facility in Hyderabad to complement the R & D work they do here.The Telangana delegation also pitched to Monarch Tractors, to bring manufacturing operations to the state. "We were delighted to meet Chief Minister Reddy and other officials to discuss our commitment to innovation in Telangana," said Praveen Penmetsa, CEO of Monarch Tractors."Our R & D center in Hyderabad has been instrumental to building our advanced driver-optional smart electric .