Even though a late entrant in the race of becoming India’s soughtafter automobile hub, Gujarat is clearly taking newer strides when it comes to electric vehicle (EV) manufacturing.
As the policy focus of both the state and the Centre is largely shifting towards adopting greener technologies, car, and two-wheeler makers who already have manufacturing facilities in Gujarat are making big-ticket investments to ramp up their EV capabilities.
The rising demand for EVs, driven by the lower cost of operations, and subsidies offered by the state and the central governments, in addition to improving technology and infrastructure, has propelled all major players to consider expansions.
