Jharkhand CM urges Tata Motors to explore possibility of setting up EV manufacturing unit in state

Eyeing to attract big-ticket investments and make Jharkhand a leading hub for manufacturing of electric vehicles, among others, Jharkhand Chief Minister Hemant Soren on Friday offered sops and facilities to mega industrial players including Tatas, Vedanta NSE 1.76 %, SAIL NSE 2.60 %, NTPC NSE 0.58 % and Maruti Suzuki NSE 0.25 %. The Jharkhand government aims to facilitate investment to the tune of Rs 1 lakh crore in the state and generate 5 lakh jobs through two days investors meeting beginning Friday here during which Soren launched the state’s Industrial and Investment Promotion Policy (JIIPP).

“During one on on meeting with Tata Group officials, the Chief Minister asked them why can’t they open an electric vehicles manufacturing plant in the state,” an official privy to the meeting told PTI.