Andhra Pradesh seeks to attract $4 billion investment in EV segment

Andhra Pradesh is seeking to position itself as the lighthouse state’ and attract investments to the tune of four USD billion in the electric vehicles segment over the next few years.

As a first step in this direction, the state government is holding a day-long CEO-Ministerial Dialogue on Friday to frame requisite policy by eliciting views and ideas from various stakeholders.

This is a first such initiative by a state, under the World Economic Forum-Moving India network, on Shaping the Future of Mobility’, according to AP Industries and Investment Minister Gudivada Amarnath.