Project Work Commenced Electric Vehicles & Battery Manufacturing Private Sector

Rs.2000 Million New Electric Vehicle Park in Rajasthan

Investment
From 1000 Million to 4999 Million
Stage
Project Work Commenced
Location
Neemrana, Rajasthan
Last updated
26 Dec 2023

Project summary

a forward-thinking initiative is underway to establish a cutting-edge electric vehicle park, addressing the rising demand for sustainable transportation. With an estimated cost of Rs. 2000 million, the project includes essential features such as charging infrastructure and maintenance facilities. Pre-project activities, signaling meticulous planning, are ongoing as of September 2022. A recent development in December 2023 involves the company securing a Production Linked Incentive, paving the way for manufacturing operations around 2025.

Project details

SegmentElectric Vehicles & Battery Manufacturing
IndustryAutomotive Industries
Products & capacityElectric Vehicle Park
DistrictNeemrana
StateRajasthan
InvestmentFrom 1000 Million to 4999 Million
Project typeNew
OwnershipPrivate Sector
StageProject Work Commenced
Last updated26 Dec 2023
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