London-based Laureti Automotive Corporation has evinced interest to set up its unit here to make electric SUV vehicles.
Puducherry Industries and Transport Minister M O H F Shah Jahan announced this Friday while inaugurating a one-day workshop on 'Smart Mobility: Puducherry Forward' organised by the Confederation of Indian Industry (CII) here.
Laureti would expand production in the next stages, he said.
The initiative of Laureti would be of help for Puducherry to meet the current challenges in the traffic and mobility sector, he said.
Soon, a delegation of the UK company would hold talks with the territorial administration, the Minister said.
Traffic management was a big challenge for the government, as there were around nine lakh vehicles on road in the Union Territory, he said.
All strategies drawn up to manage the traffic were not cutting ice, and even the proposal to make helmet-wearing compulsory was meeting with resistance, he said.
"We should go in for an effective masterplan to manage the traffic," he said.
Officials of CII also spoke on the occasion.
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