Business Standard

Tamil Nadu's Hosur belt switches on as hub for EVs, ancillary units

Tamil Nadu is pulling out the stops to develop this north-western region of the state as a centre for the EV industry

electric two-wheeler

Experts see the region replicating what Chennai contributed to the ICE (internal combustion engine) automobile sector.

Shine Jacob Chennai
At Prestige Polygon Towers in Chennai’s Teynampet, hectic preparations are on for a mega global investors’ meet under the aegis of Guidance Tamil Nadu (the state investment promotion agency) scheduled for January 2024. Asked about the key focus areas of the meet, the agency’s managing director and chief executive officer, V Vishnu, said the state was betting big on electric mobility.

This is no surprise, given that the state has signed electric vehicle (EV)-related memorandums of understanding (MoUs) with several companies in the recent past that may bring in investments worth around Rs 33,000 crore with the potential to create

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Mar 28 2023 | 5:25 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on are available only to BS Premium subscribers.

Register to