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K.T. Rama Rao Touts Formula E Gains as Report Cites Government Probe Over Hyderabad Race

Speaking in Coimbatore, he cited an estimated Rs 700 crore boost from the 2023 event.

Overview

  • At the FMAE National Student Motorsports Competition in Coimbatore, the BRS leader said hosting India’s first Formula E race signaled Telangana’s rise as a hub for innovation, clean mobility and advanced technology.
  • He asserted the Hyderabad race generated nearly Rs 700 crore in economic activity and drew international attention to the city’s capabilities.
  • Rama Rao described the e‑prix as the foundation for a plan to make Hyderabad the hub of India’s proposed Mobility Valley.
  • Telangana Today reported that the 2023 Hyderabad event attracted more than 35,000 spectators lining the streets.
  • Deccan Chronicle reported that the government is probing Rama Rao’s role in organising the race, with no additional details disclosed.