TN govt to assist EV players invest in the state

Chennai: The government of Tamil Nadu will assist electric mobility players to invest and set up shop in the state as the electric vehicle push will make it possible for the state to hit its $1 trillion economy target by 2030. According to Hans Raj Verma, IAS, CMD, Tamil Nadu Industrial Investment Corporation, Chennai is already the EV capital of India and the “government welcomes EV companies to set up shop and we are willing to assist them in every possible way”. He was speaking at the EV Summit 2022 organised by the Tamil Nadu Technology Development & Promotion Centre of Confederation of Indian Industry. Already TN has two auto and electronic industrial clusters complimenting and supporting each other. TNN