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Entrepreneurs unite to propel EV industry in district

By Lokmat English Desk | Updated: September 1, 2023 19:25 IST

Gather entrepreneurs from across the country on one platformVAIBHAV PARWATChhatrapati Sambhajinagar: As the demand for electric vehicles ...

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Gather entrepreneurs from across the country on one platform

VAIBHAV PARWAT

Chhatrapati Sambhajinagar: As the demand for electric vehicles (EVs) continues to surge, the EV market is poised to maintain its dominance. Entrepreneurs in Chhatrapati Sambhajinagar are joining forces to ensure that their industrial city remains at the forefront of this competitive landscape. Preliminary preparations are underway to gather entrepreneurs from across the country onto a unified platform to foster growth in the automotive industry.

The automobile market is widely recognized as one of the largest industries in the country, particularly in the four-wheeler segment. Experts anticipate that the burgeoning interest in four-wheeled EVs will drive a significant industry boom in the coming years. The rising demand for EVs is viewed as a positive catalyst for the sector, capturing the attention of entrepreneurs nationwide. To capitalize on this momentum, business organizations are actively working to convene entrepreneurs from all corners of the country.

Planning for the future

According to sources, Chhatrapati Sambhajinagar has long been regarded as a pivotal hub for the auto industry, manufacturing various vehicle components for the past four to five decades. The city is home to renowned international companies like Bajaj. With the emergence of electric vehicles as a transformative force in the automotive market, industry associations are gearing up to invite EV companies from across India to delve into the intricacies and research opportunities within this new vehicle market.

Programme scheduled in September

Simultaneously, concerted efforts will be made to attract relevant industries to the Delhi-Mumbai Industrial Corridor (DMIC) as part of this initiative. Sources have indicated that a programme is in the works and is scheduled to take place in the second week of September.

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