Dholera Is Expected To See New Investment In The Manufacturing Of Electric Vehicle Components

Dholera SIR (Special Investment Region) is rapidly becoming a major investment hotspot. This area provides several prospects and great scope to the manufacturing and motor sectors. The region has proactively acquired consideration from electric vehicle makers, as indicated by specialists gathered at the 2nd edition of the Sustainable Mobility Conference, conducted virtually by CII in the month of July 2021.

According to the state government authorities, numerous electric component makers have shown their interest in putting resources in the next few months in Dholera SIR. As a result, several real estate businesses, like Satyaja Infratech, are providing opportunities to clients for Dholera SIR Investment in residential, commercial, and industrial plots in Dholera, and that too at affordable pricing.

Gujarat Industrial Policy 2020, along with Gujarat Electric Vehicle Policy 2021, make the state of Gujarat an ideal place for the manufacturing industry, particularly the electric vehicles industry, Hareet Shukla, MD, Dholera Industrial City Development Limited, spoke of in his speech.

During the session, Mr. Shukla told TOI that Dholera SIR is anticipating a slew of new and exciting investments in the electric vehicles component manufacturing sector. He also stated that they are in talks with a number of organizations and that new projects will be finalized over the next few months. Experts also believe that if strong investments in EV production are made, the production-linked incentive (PLI) plan will go a long way.

The PLI plan, according to Mr. Raghavan Viswanathan, director at KPMG India, has been introduced to stimulate production in the EV industry. He also feels that this is a crucial engine for the Dholera SIR region’s progress. If the corporations spend a significant amount of money on EV production, this will have a significant influence on Dholera SIR’s overall growth and success.

According to the Times of India (TOI) report, numerous prestigious battery and component makers from throughout the nation are keen on doing significant investments in Dholera Smart City. The Tata Group has indeed committed ₹ 4,000 crores to the development of a lithium-ion battery manufacturing facility at Dholera. Several other manufacturing and assembling organizations are also attempting to invest in the area in order to enhance growth.

Gujarat’s state administration proudly launched a new electric car policy in the month of June 2021. This new strategy promises ₹ 870 crores in subsidies for EV manufacture and charging stations in various parts of the state.

Several more manufacturing corporations intend to set up shop in Dholera SIR in years to come, investing a significant amount of money. The government is also providing different forms of assistance and support in order to help Dholera Smart City become a viable industrial cluster.

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Even our plot booking procedure is straightforward, allowing anyone to complete it fast.

So, if you are thinking of Dholera SIR Investment, Satyaja Infratech is the ideal choice. Visit our website https://www.satyajainfratech.com/ to learn more.