Business Standard

From SGST waivers to cheaper land, EVs rev up states' policy wars

States are competing hard to capture a larger share of investments in this fast-growing business

In a sharp contrast to the fanfare surrou­n­ding EVs, Maruti, which controls more than half of India’s passenger vehicle mark­et, is conspicuous by its absence.
Premium

Tamil Nadu is among the handful of states that are revving up the manufacturing side of the EV business

Shine Jacob Chennai
In a recent interview with Business Standard Tamil Nadu Industries Minister TRB Rajaa had only one thing to focus on: electric vehicles (EVs). He mapped out the steps the state government had taken to improve the EV ecosystem, from manufacturing to sales to charging. “We are looking to attract 30 to 35 per cent of whatever EV investment takes place in India by 2030,” he said.

If the numbers are to be believed, the state whose capital, Chennai, has been called the Detroit of India appears to be on the road to becoming the country’s EV capital, too. The state

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

First Published: Jul 27 2023 | 5:29 PM IST

Explore News

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

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com