UP govt to invest ₹700 cr in EV manufacturing hub in Kanpur
The Uttar Pradesh government on Monday announced plans to develop Kanpur into a major electric vehicle (EV) manufacturing hub with a proposed investment of ₹700 crore under the Kanpur Metropolitan Development Vision - 2030, PTI reports.
The Uttar Pradesh State Industrial Development Authority (UPSIDA) will set up a state-of-the-art EV park across 500 acres near Bhimsen, strategically located along the Dedicated Freight Corridor (DFC). The project will be implemented under the Public-Private Partnership (PPP) model, the government said in an official statement.
'The initiative aims to position Kanpur as a key player in India's EV ecosystem by bolstering the local supply chain and encouraging indigenous manufacturing,' the statement added.
What does it include?
The upcoming park will host units for manufacturing electric motors, chassis, steel components, and lithium-ion cells. It will also include facilities for assembling batteries, chargers, controllers, and other electronic parts critical to EV production.
A dedicated research and development (R&D) centre will be a core component of the project, with a focus on driving innovation and supporting the development of advanced EV technologies. The centre is expected to contribute to both regional growth and global EV advancements.
To further support the ecosystem, the state is also developing an integrated EV components cluster within the park, aimed at enabling small and medium enterprises (SMEs), startups, and local entrepreneurs to actively participate in the EV value chain.
Officials noted that the park's proximity to the DFC will offer a logistical edge, enhancing connectivity for the transportation of raw materials and finished goods through robust rail and road networks.
The government expects the project to create significant employment opportunities, boost local entrepreneurship, and contribute to Uttar Pradesh's overall economic growth.
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