The government of Maharashtra has recently Announcing its electric vehicle policy, Has begun negotiations with potential investors on the establishment of battery manufacturing facilities in the state. Battery costs and technological developments affect the adoption rate of electric vehicles (EV), and the existence of fully localized battery manufacturing plants can help a state develop its electric vehicle industry.
- The government hopes to build one or two super factories in the state
- Relying on industry to set up manufacturing plants in the state
Subhash Desai, Minister of Industry of the Maharashtra State Government, said: “We are very actively interacting with industrial companies to promote the manufacturing of electric vehicle batteries. Soon we will find that many investors are interested in setting up this battery manufacturing in the state. Factory.” Tell our sister publication OurProfessional.
The names of potential investors were not disclosed, but Desai said they were “local and global.” One of them will be Reliance Industries, which recently announced a 60,000 crore investment plan to build various components for the new energy ecosystem, including advanced batteries.
According to Desai, encouraging local entrepreneurship in the field of electric vehicles is also the focus of the state government. Although the state government had discussions with one or two potential investors in the state’s super factories, Desai said that the focus is also on training and cultivating local students and establishing a talent pool suitable for the electric vehicle ecosystem in the state.
Cultivate talents suitable for the industry
For a long time, the availability of “industry-ready” personnel has been a problem of varying degrees in the domestic internal combustion engine automobile industry. Recognizing this challenge, the Maharashtra government has taken steps to ensure that more industry-ready manpower is provided, which is essential for the state to maintain its status as a major automotive center. “Over the past four years, the skills development companies in Maharashtra have been very busy transforming traditional courses into industry-specific courses,” Desai said.
Incentives designed to stimulate demand for electric vehicles. The establishment of charging infrastructure is the key to the large-scale adoption of electric vehicles in the state and the country, but the availability of local supply chains (batteries are the most critical) and local talent pools are also critical In the increasingly fierce competition between countries vying to become a major electric vehicle hub. This explains the Maharashtra government’s attention to these areas, which is the main automotive center of the traditional internal combustion engine automotive industry.
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