Telangana targets EV boom with Industrial Policy 2.0 and attracting industry
Telangana officials are promoting a new industrial policy to attract electric vehicle manufacturers and battery suppliers to the state. The initiative aims to build an ecosystem for green mobility through incentives and improved industry-academia collaboration.
Why it matters
This policy shift is critical for India's transition to sustainable transportation and regional economic development in the EV sector.
Director of Industries Nikhil Chakravarthi said that Telangana has been, and continues to be keen to attract electric vehicle manufacturers, battery supplies, and allied companies that would want to relocate to Telangana by means of targeted incentives.
Mr Chakravarthy was speaking at ASSOCHAM’s MobilityNext 2047, an EV awareness conference on Friday which brought on together government, industry and academia to deliberate on the avenues for transitioning to greener mobility and also to discuss the ecosystem that needs to be put in place to drive faster EV adoption.
Mr Chakravarthy underscored Telangana’s focus on attracting investments across the automotive value chain, including EV manufacturing, batteries and charging infrastructure. He spoke about the importance of building on Telangana’s industrial strengths, improving ease of doing business and creating stronger linkages between industry, academia and skill development to support the next phase of mobility.
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