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UPSIDA to invest ₹700 crore in 500-acre EV park near Kanpur under CM Yogi's Vision 2030

UPSIDA to invest ₹700 crore in 500-acre EV park near Kanpur under CM Yogi's Vision 2030

Time of India6 hours ago

In line with Chief Minister Yogi Adityanath's vision, the Uttar Pradesh government is set to establish Kanpur as a major hub for electric vehicle (EV) manufacturing. Under the Kanpur Metropolitan Development Vision – 2030, Uttar Pradesh State Industrial Development Authority (UPSIDA) will develop a cutting-edge EV park over 500 acres near Bhimsen, along the Dedicated Freight Corridor.
With an estimated cost of ₹700 crore, the project will be executed under the Public-Private Partnership (PPP) model and is poised to position Kanpur as a key player in India's EV ecosystem. The primary objective of the EV park is to strengthen the local supply chain for electric vehicles and promote indigenous manufacturing.
The park will house units for manufacturing electric motors, chassis, steel parts, and lithium-ion cells. Facilities for assembling lithium-ion batteries, chargers, controllers, and electronic components will also be established. A dedicated research and development (R&D) centre will be a vital part of the project, driving innovation and facilitating advanced product development. This R&D unit is expected to contribute not only to local progress but also to the global advancement of EV technologies.
The establishment of the EV park will not only position Kanpur as an EV manufacturing hub, but will also significantly boost the state's economy. Alongside the park, an integrated EV components cluster is being developed to support small and medium enterprises (SMEs) in producing parts and components. This will create fresh opportunities for local entrepreneurs, startups, and generate substantial employment.
Its proximity to the DFCC corridor gives the park a strategic advantage in terms of logistics and connectivity. Well-connected by rail and road networks, it will facilitate smooth transportation of raw materials and finished goods.
This initiative by the Yogi government is also a significant step toward promoting clean energy and environmental conservation. By accelerating EV production, the project aims to reduce carbon emissions and enhance the adoption of
sustainable energy sources
.
The EV park under the Kanpur Development Vision – 2030 will serve as a symbol of industrial innovation and progress, placing Kanpur prominently on the global electric vehicle manufacturing map.

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UPSIDA to invest ₹700 crore in 500-acre EV park near Kanpur under CM Yogi's Vision 2030
UPSIDA to invest ₹700 crore in 500-acre EV park near Kanpur under CM Yogi's Vision 2030

Time of India

time6 hours ago

  • Time of India

UPSIDA to invest ₹700 crore in 500-acre EV park near Kanpur under CM Yogi's Vision 2030

In line with Chief Minister Yogi Adityanath's vision, the Uttar Pradesh government is set to establish Kanpur as a major hub for electric vehicle (EV) manufacturing. Under the Kanpur Metropolitan Development Vision – 2030, Uttar Pradesh State Industrial Development Authority (UPSIDA) will develop a cutting-edge EV park over 500 acres near Bhimsen, along the Dedicated Freight Corridor. With an estimated cost of ₹700 crore, the project will be executed under the Public-Private Partnership (PPP) model and is poised to position Kanpur as a key player in India's EV ecosystem. The primary objective of the EV park is to strengthen the local supply chain for electric vehicles and promote indigenous manufacturing. The park will house units for manufacturing electric motors, chassis, steel parts, and lithium-ion cells. Facilities for assembling lithium-ion batteries, chargers, controllers, and electronic components will also be established. A dedicated research and development (R&D) centre will be a vital part of the project, driving innovation and facilitating advanced product development. This R&D unit is expected to contribute not only to local progress but also to the global advancement of EV technologies. The establishment of the EV park will not only position Kanpur as an EV manufacturing hub, but will also significantly boost the state's economy. Alongside the park, an integrated EV components cluster is being developed to support small and medium enterprises (SMEs) in producing parts and components. This will create fresh opportunities for local entrepreneurs, startups, and generate substantial employment. Its proximity to the DFCC corridor gives the park a strategic advantage in terms of logistics and connectivity. Well-connected by rail and road networks, it will facilitate smooth transportation of raw materials and finished goods. This initiative by the Yogi government is also a significant step toward promoting clean energy and environmental conservation. By accelerating EV production, the project aims to reduce carbon emissions and enhance the adoption of sustainable energy sources . The EV park under the Kanpur Development Vision – 2030 will serve as a symbol of industrial innovation and progress, placing Kanpur prominently on the global electric vehicle manufacturing map.

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