Chinese e-vehicle makers plan industrial park near Sanand

Around fifteen companies to invest $100 million in the next two years

Soon Chinese electric vehicle (EV) makers may call Sanand their home. A group of around 15 companies from China are planning to set up an industrial park near Sanand with an investment of around $ 100 million.

A delegation comprising seven electric vehicle manufacturing companies today visited Sanand. Jagat Shah, chief executive officer of Ahmedabad based international trade consulting firm Global Network, informed that the companies in the delegation are Green Field Motor Co. Ltd, VOCH Group Ltd, YueHua Control Group Ltd, Zhuji Yongcheng Auto Co. Ltd, Wenzhou Jinpi Machinery Manufacturing Co. Ltd & JBON Control Industry.

He added, “Earlier in June, a delegation of around four companies had visited Gujarat and had also held a meeting with state government representatives. Another delegation is expected to visit around September 20. In all, around 15 companies are expected to invest close to $100 million over the next two years to set up an industrial park near Sanand.”

The Chinese vehicle makers are looking for a land parcel of around 200 acres in and around Sanand. However, a plot is yet to be finalised. “The companies are open to getting land allotted by the government or can also go for private buying,” Shah explained.

China India Trade and Investment Centre ( CITIC ), Ahmedabad is hosting the delegation.

The delegation members are manufacturers of electrical cars, two-wheelers,three- wheelers and four-wheelers for road cleaning, city sanitary car, ambulance car, police cars etc.

Shah further informed that the Chinese EV makers are also looking for joint venture partners in Gujarat. The chairman of the China Electrical Car Association & Wenzhou Electrical Car Association are also with the delegation.  “They also visited the Tata Motors Nano plant today during their visit to Sanand,” he added.