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Keto shifts into high gear with Rs 300 crore EV bus push in Telangana

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MUMBAI: When Telangana said “go electric”, Keto Motors didn’t just step on the pedal, it hit turbo mode. The Telangana-headquartered EV player announced a Rs 300 crore expansion at the Telangana Rising Global Summit 2025, sealing the deal with a Government MoU in the presence of industries & commerce minister D. Sridhar Babu.

The company will set up a Greenfield electric bus manufacturing facility at Jadcherla, rolling out 9-metre to 13-metre buses for both intra-city and inter-city routes. Over the next three years, the project is expected to create 2,000 plus direct and indirect jobs, further cementing Telangana’s growing reputation as India’s electric-mobility powerhouse.

Calling the move a milestone in the state’s EV ambitions, minister Sridhar Babu said Telangana is “rapidly rising as the EV capital of India”, backed by progressive policies and a world-class industrial ecosystem.

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But Keto’s ambitions don’t end at manufacturing. The group is also developing a unified digital ticketing platform, enabling commuters to use a single ticket across autos, cars and buses,  a long-awaited fix for India’s fragmented public-transport grid.

Explaining the strategy Keto Motors Group chief marketing officer Rajeev YSR noted that public transport still functions in disconnected “first-mile, middle-mile and last-mile silos”. Keto aims to bridge these gaps with a seamlessly integrated multimodal electric ecosystem, complementing its existing Trilux passenger and Bulke Plus cargo three-wheelers with a newly designed electric bus lineup.

Keto Motors director Venkatesh Challa highlighted a major industry bottleneck, a nationwide shortage of electric buses. To tackle this, the Jadcherla plant will begin with 1,000 plus buses per year, with room to scale as demand rises. The company, he added, is committed to timely delivery, reliability and strengthening India’s domestic EV manufacturing base.

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With this MoU, Keto Motors doesn’t just enter the electric-bus market, it plugs into one of the biggest opportunity gaps in Indian public mobility. And this time, the charge is very much electric.

 

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Boeing appoints Barun as head of FP&A for global engineering function

Seasoned finance leader to steer budgets and strategy across global centres

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BENGALURU: Boeing’s finance cockpit has a new pilot, and he is no stranger to turbulence or transformation. Boeing has appointed Barun as head of FP&A for global engineering, placing him at the centre of financial strategy for its worldwide engineering and technology operations.

Based in Bengaluru, Barun steps into a role that is as expansive as it is critical. He will serve as the primary finance lead for Boeing’s Engineering and Technology Centers globally, working closely with executive leadership to shape financial decisions, manage complex budgets, and design scalable finance processes that support the company’s growing engineering footprint.

In a note announcing his move Barun said, “I’m excited to share that I’ve joined Boeing Global Engineering. This opportunity is incredibly meaningful to me not just from a professional standpoint, but also for what Boeing represents globally.” He added that he looks forward to contributing to an organisation that continues to shape the future of aerospace and innovation.

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Barun’s mandate spans strategic financial leadership, operational oversight, and stakeholder engagement. From directing large-scale budgets and schedules to influencing long-term organisational goals, the role blends financial discipline with business foresight. He will also lead cross-functional teams and partner with finance colleagues worldwide to support engineering programmes across geographies, including India.

The appointment caps a long stint at Juniper Networks, where Barun spent over a decade, most recently as finance senior manager. There, he led FP&A for global product business units and G&A functions, driving budgeting, forecasting, and long-range planning. He also played a key role in enterprise-wide transformation, including spearheading an Oracle to SAP ERP migration and building advanced analytics capabilities using tools such as Tableau and SAP Analytics Cloud.

His earlier career includes finance leadership roles at Sony India Software Centre, Cognizant Technology Solutions, and Mphasis, where he focused on financial planning, governance frameworks, and operational efficiency across global delivery centres.

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A chartered accountant from the Institute of Chartered Accountants of India, Barun brings nearly two decades of experience across financial planning, digital transformation, and analytics-led decision making.

His appointment comes at a time when global engineering operations are becoming increasingly complex and distributed, requiring sharper financial oversight and agile planning. With Barun at the helm of FP&A for engineering, Boeing appears to be tightening its financial playbook as it looks to scale innovation with discipline.

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