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AP seeks to attract USD 4 bn investment in EV segment

AP seeks to attract USD 4 bn investment in EV segment

  • Aug 5th 22

A South-Eastern Coastal region of India, Andhra Pradesh is seeking to portray itself as the 'lighthouse state' and attract investments to the tune of four USD billion in the electric vehicles segment over the next few years. The first state moving in this direction, the state government is holding a day-long CEO-Ministerial Dialogue on Friday to frame requisite policy by eliciting views and ideas from various stakeholders.

This is a first such initiative by a state, under the World Economic Forum-Moving India network, on 'Shaping the future of Mobility', as said the AP Industries and Investment Minister Gudivada Amarnath.

He also said, "This dialogue (in virtual mode) will serve as a high-level platform to explore different avenues of investments

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