₹700-cr EV production park in Kanpur soon
The Uttar Pradesh Government on Monday said it is set to establish Kanpur as a major hub for electric vehicle (EV) manufacturing with an investment of around Rs 700 crore.
Under the Kanpur Metropolitan Development Vision-2030, Uttar Pradesh State Industrial Development Authority (UPSIDA) will develop a cutting-edge EV park over 500 acres near Bhimsen along the dedicated freight corridor, according to an official statement.
“With an estimated cost of Rs 700 crore, the project will be executed under the Public-Private Partnership (PPP) model and is poised to position Kanpur as a key player in India’s EV ecosystem,” the statement said.
“The primary objective of the EV park is to strengthen the local supply chain for electric vehicles and promote indigenous manufacturing,” it added.
The park will house units for manufacturing electric motors, chassis, steel parts, and lithium-ion cells.
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