Karnataka eyes investments\, jobs in electric vehicles segment

Karnataka eyes investments, jobs in electric vehicles segment

IANS  |  Bengaluru 

Tech-savvy Karnataka would offer incentives to attract huge investments in rolling out (EV), generate jobs and opportunities for research in the segments, said a state on Wednesday.

As the first state in the country to have a policy to encourage use of eco-friendly with zero emission, George said the would have single-window clearances to be a preferred destination for attracting investors in the EV segment.

Taiwan-based said his firm would work with to bring in technology to make EVs as it was in the business of optimization in

said his global firm was signing an agreement with the (ICC) for setting up a joint venture and between Indian and Korean firms.

"We would like to help in freeing its cities from air pollution from automobiles by encouraging Korean firms like to make 300-km charging range EVs by this year-end in India," said South Korean on the occasion.

ICC said the apex trade body would work with central and state governments across the country to attract investments and generate jobs in the EV sector.

"We plan to bring a delegation of EV and charging station makers from Japan, and Taiwan, which have a vibrant EV manufacturing ecosystem," added Singh.

As part of the summit, IBC Expo has organised a "EV 360" exhibition where automobile Mahindra Electric, Sun Mobility, Ather Energy, E Trio, NRD Eco Motors, Jitendra Electrical Vehicle and Ampere showcased their technology and products in EV sector.

--IANS

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First Published: Thu, January 31 2019. 00:56 IST