- Telangana has a readily available land bank of 200 acres close to the airport
- Telangana is ready to supply power and water at a discount
- It has a proactive and business-friendly electronics manufacturing policy in the country
- It hosts India’s largest electronic manufacturing cluster close to the Rajiv Gandhi International Airport
Telangana Chief Secretary S K Joshi has reiterated the State Government’s commitment and readiness to establish a Giga-Scale Li-ion battery manufacturing plant in the State.
During a Video Conference held by Amitabh Kant, CEO of NITI Aayog, the chief secretary has stressed why Telangana is ideally suited for hosting 5 GWh capacity battery manufacturing plant as envisioned by the Government of India.
A potential investment destination
Joshi explained that Telangana has a readily available land bank of 200 acres close to the airport and Outer Ring Road and is ready to supply power and water at discount. It also provides access to a skilled workforce.
The Central Government has recently set up a National Mission on Transformative Mobility and Smart Storage comprising of an Inter-ministerial Steering Committee of Secretaries headed by CEO of NITI Aayog.
The Telangana State believes it qualifies meeting all the criteria for selection including single window mechanism under TS-iPASS, encumbrance free land, trunk infrastructure, access to adequate utilities at rational rates, including subsidies and incentives to ancillary units.
Telangana has a proactive and business-friendly electronics manufacturing policy in the country and hosts India’s largest electronic manufacturing cluster close to the Rajiv Gandhi International Airport.
Amitabh Kant congratulated S K Joshi on his expression of interest to host accommodate the Giga-Scale Li-ion battery manufacturing plant and said around 5 states in India would be chosen for this initiative.
He also said that States should create demand as per the Government of India mandate of converting all 3-wheelers in India to electric by 2023 and converting all 2-wheelers to electric by 2025. These incentives should include soft loans to State Discoms, rooftop installations and microgrids.