Andhra Pradesh is seeking to position itself as the ‘lighthouse state’ and attract investments to the tune of USD 4 billion in the electric vehicles segment over the next few years.
As a first step in this direction, the state government on Friday conducted a day-long CEO-Ministerial Dialogue to frame a requisite policy by eliciting views and ideas from various stakeholders.
The Andhra Pradesh (AP) State Government has organised a day-long CEO-Ministerial dialogue on Friday. In line with its intention to make AP a Lighthouse state and attract investments to the tune of $4 billion towards the electric vehicles segment over the next four years, this high-level meeting is its first step. It may be recalled that last year, the state government announced to set up 1 lakh EV charging stations across the state in the next 10 years.
According to AP Industries Minister Gudivada Amarnath, this is the first time the state has taken up such an initiative, under the aegis of the World Economic Forum-Moving India network, on Shaping the Future of Mobility. The virtual mode meeting has been set up to make AP a prime destination for the development and manufacturing of batteries, EV components, and charging equipment, including battery EVs and fuel-cell Evs.