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Keto shifts into high gear with Rs 300 crore EV bus push in Telangana
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.
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.
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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FSS names Anand Krishnamurthi head of global digital delivery
Tech veteran to drive AI-first, cloud-led transformation in payments globally
CHENNAI: Financial Software and Systems (FSS), an AI-first payment infrastructure company, has appointed Anand Krishnamurthi as head of global digital delivery.
In his new role, Anand Krishnamurthi will lead FSS’s global digital delivery capabilities, focusing on AI-first and cloud-led transformation while ensuring predictable, high-quality outcomes for customers worldwide. He will be based in Chennai and report to V. Balasubramanian, CEO of FSS.
Bringing 28 years of experience in technology and digital transformation across banking, capital markets, financial services, and insurance, Anand has held senior leadership positions at Cognizant and NuSummit. He is recognised for scaling multi-geography delivery teams, leading mission-critical platforms, and embedding AI-driven automation in complex, regulated environments.
“What drew me to FSS is its deep payments expertise, strong product DNA, and the scale at which its platforms power real-world financial ecosystems,” said Anand Krishnamurthi. “I aim to strengthen delivery predictability, execution rigor, and engineering quality, building empowered teams that deliver measurable customer outcomes. FSS has a unique opportunity to create real-time, AI-infused payments infrastructure that is resilient, secure, and globally scalable.”
V. Balasubramanian added, “Anand’s track record in leading multi-geography delivery programs and AI-first operating models makes him the ideal leader for FSS as we accelerate our AI-driven digital payments business. His leadership will help us raise the bar for outcomes globally.”
This appointment is part of FSS’s broader push to build an AI-powered, cloud-native delivery organisation capable of meeting the evolving needs of banks, fintechs, and financial institutions worldwide.
