The Madhya Pradesh (MP) government has revealed their intentions on launching electric vehicles (EVs) policy soon.
The MP government is also trying to attract investment in the sector, State minister Rajvardhan Singh Dattigaon said.
“We are giving the final shape to our industrial policy for electric vehicles and it will soon be launched by Chief Minister Shivraj Singh Chouhan. We wish to attract maximum investment in this sector,” commented Minister for Industrial Policy and Investment Promotion during MP Auto Show.
The department’s principal secretary Sanjay Kumar Shukla said the state government planned to present its policy on electric vehicles at this expo, but as a few of its points are yet to be given final shape, it cannot be presented during the event and it will be rolled out in May-June.
More than 100 companies engaged in manufacturing vehicles and their spare parts are participating in the expo. People can visit it without having to pay any entry fee, officials said.
Dattigaon also invited industries involved in manufacturing vehicles, semiconductor chips and other auto parts to invest in MP.
The National Automotive Test Tracks (NATRAX) situated near Pithampur is one of its kind’s largest facilities in Asia and the investors can also take advantage of it, the minister said.
On the occasion, he said the state government has already provided 4,500 hectares of land to vehicle manufacturing units in Pithampur and Mandideep and adequate land is also available for fresh units.
The existing vehicle manufacturing units every year export to the tune of Rs 1,500 crore and these factories are generating employment for two lakh persons.
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