Tamil Nadu’s policy aims to attract an investment of ₹50,000 crore in the EV manufacturing sector. The state estimates that this would create approximately 150,000 new jobs. A 50% capital subsidy for land investments will be provided for southern districts and 15% for the rest. The state policy also includes a one-time re-skilling allowance for professionals working in the EV manufacturing sector.
- Manufacturing-focused: aims to attract Rs.50,000 Cr worth investments in EV manufacturing
- 50% capital subsidy on land if the investment is in southern districts (15% for other regions)
- Priority vehicle categories: e-2Ws, e-3Ws, taxis, public transport (e-bus), e-commerce and logistics fleets and institutional vehicles
- Exemption on RTO taxes and registration fees
|Policy focus areas||Demand side incentives||Incentives for charging infrastructure||Manufacturing incentives for EVs and components||Research and innovation|