Karnataka set to get Rs 15,000 crore investment in EV sector, says minister MB Patil

Karnataka is set to get Rs 15,000 crore in investments for research and development (R&D) in the electric vehicles (EV) sector, Industries Minister MB Patil said on Wednesday.

The state has so far attracted investments of about Rs 25,000 crore in the sector, across the value chain, he said.

The proposed investments cover battery pack & cell manufacturing, component production, OEMs and charging and testing infrastructure, the minister said after launching the EV Mobility Centre of Excellence & Innovation at JSS Academy of Technical Education, Bengaluru campus.


Around two lakh EVs are registered in Karnataka, the third highest in the country, Patil said. The state was home to about seven auto OEMs, about 50 auto component manufacturers, and about 45 EV startups, he added.

The development of the overall auto/EV ecosystem in Karnataka was poised to bring about significant employment opportunities. "To ensure a skilled workforce, we have proactively partnered with leading companies such as Tata Technologies and Siemens," the minister said.