The Tamil Nadu government is committed to securing $6 billion in investments and creating 1.5 lakh new employment opportunities within the Electric Vehicles (EV) sector over the next five years, Minister for Industries, Investment Promotion and Commerce T.R.B.Rajaa said.
The Minister also said that six cities, including Chennai, Coimbatore, Tiruchi, Madurai, Salem, and Tirunelveli have been earmarked for developing EV hubs. “As a part of this commitment, the government has launched the revised Tamil Nadu Electric Vehicles Policy 2023, which incentivises and attracts investors to strengthen the State’s flourishing EV ecosystem,” Mr. Rajaa said at a closed-door round table discussion that was organised by the Government of Tamil Nadu in partnership with the World Economic Forum (WEF).
The event titled “Tamil Nadu: Making of the Next Global EV Manufacturing Hub” brought together CEOs, senior leaders from more than 20 major global EV firms, EV component manufacturers, and government officials.
