BENGALURU: Karnataka was one of the pioneers in the country to launch an electric vehicle (EV) policy in 2017, but failed to capitalise on the momentum and catch up with states like Tamil Nadu, Maharashtra, Andhra Pradesh, and Gujarat.
\nConsidered the future of the automobile industry, almost all states are now looking for ways to attract investment in the sector. But having had a poor track record with at least two major EV automobile companies \u2014 one Indian and the other international \u2014 Karnataka is struggling to revive its investor-friendly image.
\nIndustry department sources said the government has been making amends by way of reformulating and redrawing laws which will help industries come to Karnataka.
\nMinister Murugesh Nirani admitted some land laws and taxation policies require an overhaul. \u201cOur land policies and taxation structure for industries have been a serious lacunae. We\u2019re now trying to overhaul the structure, bring in amendments and inculcate a fresh approach,\u201d he said.<\/p>\n","protected":false},"excerpt":{"rendered":"
BENGALURU: Karnataka was one of the pioneers in the country to launch an electric vehicle (EV) policy in 2017, but failed to capitalise on the momentum and catch up with states like Tamil Nadu, Maharashtra, Andhra Pradesh, and Gujarat. Considered the future of the automobile industry, almost all states are now looking for ways to attract investment in the sector. But having had a poor track record with at least two major EV automobile companies \u2014 one Indian and the other international \u2014 Karnataka is struggling to revive its investor-friendly image. Industry department sources said the government has been making […]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,246,137],"tags":[],"class_list":["post-458725","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-times-of-india","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/458725","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=458725"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/458725\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=458725"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=458725"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=458725"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}