AP to attract $4 billion in EV segment: Minister

VIJAYAWADA: Andhra Pradesh government is planning to attract investments worth USD $4 billion in the electric vehicle (EV) segment, announced industries minister Gudivada Amarnath on Thursday.

Speaking on the eve of a virtual CEO-Ministerial Dialogue being organised here on Friday in collaboration with Andhra Pradesh Economic Development Board (APEDB) and World Economic Forum – Moving India, the minister said 60+ companies, a mix of traditional and conventional players apart from recent, potential start-ups; will be participating in the dialogue.

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