Uttar Pradesh targets Rs 300 billion investment in electric mobility

12 Dec 2022 CW Team

While the Tata Group is rumoured to be launching a refurbished electric variant of the 'Tata Nano,' the Yogi Adityanath government is looking to position Uttar Pradesh as an e-vehicle hub in India. Because of the presence of a large network of expressways and proximity to the National Capital Region, the government envisions the western and central UP regions developing as potential e-vehicle hubs (NCR). To supplement the e-vehicle roadmap, the Eastern and Western Freight Corridors, as well as the proposed Jewar International Airport, are located in the western region of Uttar Pradesh.

The state has set a target of Rs 300 billion in new investment and a million new job opportunities in the sector under the Uttar Pradesh Electric Vehicle Manufacturing and Mobility Policy 2022.

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