Karnataka aims at becoming electric vehicle (EV) manufacturing hub; ready to lend support to US-based Triton Electric

Karnataka state in southern India has assured to lend all its support to the US-based Triton Electric for manufacturing electric vehicles (EVs), including cars, in the state. The news came after an official familiar with the matter said in a statement on Monday, April 5, "In a virtual meeting, Chief Minister B.S. Yediyurappa assured the state government's support to Triton founder-chief executive Himanshu Patel for making EVs at Ramanagara near Bengaluru."

The New Jersey-based Triton EV is the second electric car maker to show interest to invest in the southern state. The first was Tesla, which announced in mid-January 2021 to set up a research & development centre in Karnataka before manufacturing electric vehicles in India.

To support the entry of new age firms like Triton, Karnataka Chief Minister B.S. Yediyurappa assured Patel to provide customised facilitation to roll out EVs.  According to the report, the state government is establishing an EV cluster at Ramanagara, about 40km west of Bengaluru on way to Mysuru, to create an EV ecosystem for electric car makers and vendors.

The government is revising EV policy to make it more investor-friendly, aiming at making Karnataka a part of the global supply chain across verticals, said the official quoting Chief Minister.

State Industry secretary Rajkumar Khatri said the objective of the Karnataka state government is to make a policy focused on advanced manufacturing, research & development, and innovation to become first in the country’s innovation index.