The special investment region
(SIR) at Dholera in Gujarat is expected to draw fresh investments from electric
vehicle component manufacturers in the coming months, according to state
government officials. Dholera, situated 110km from Ahmedabad, is emerging as an
ideal destination for electric vehicle manufacturing, according to experts
present at the second edition of the Sustainable Mobility Conference held
virtually by CII on Friday.
In his address,
Hareet Shukla, MD, Dholera
Industrial City Development Limited, said: “Gujarat Industrial Policy
2020 and the Gujarat Electric Vehicle Policy 2021 make Gujarat an attractive
destination for the manufacturing sector, especially the electric vehicles
segment.”
Shukla told TOI:
“We are expecting fresh investments in Dholera for EV component manufacturing.”
He added: “Discussions with companies are underway and within the next three
months, new projects should be finalized.”
Experts believe
that the production-linked incentive (PLI) scheme will go a long way in
boosting investments in EV manufacturing.
“The PLI scheme
has been announced to boost manufacturing in the EV sector, and I believe it
will be a key driver,” said Raghavan Viswanathan, director at KPMG India.
“However, it will have a greater impact if the enabling infrastructure required
for EV is in place.”
Sources
confirmed that battery and component manufacturers from different parts of the
country have shown interest in Investing
in Dholera.
Tata Group has
already committed an investment of Rs 4,000 crore to set up a lithium-ion
battery manufacturing plant at Dholera SIR.