By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
MpkonnectMpkonnect
  • Home
  • Recent Stories
  • Guest Columns
  • Gallery
Reading: MP to receive ₹ 1500 crore investment in Electric Vehicle sector
Share
Sign In
Notification Show More
Latest News
Chhattisgarh Set to Witness Major Boost in Healthcare and Industry with Proposed Medanta Hospital and Varun Beverages Plant
June 1, 2025
Bhopal to Host 21st World Rose Convention in 2028: India to Welcome Global Rose Enthusiasts for the First Time
May 29, 2025
Ather Energy Expands Madhya Pradesh Presence with Second Experience Centre in Indore
May 27, 2025
CtrlS Commits ₹500 Crore to Build Greenfield Data Center in Bhopal
May 15, 2025
PVR INOX Makes Grand Entry into Jabalpur with First Multiplex at KA Mall under FOCO Model
May 14, 2025
Aa
MpkonnectMpkonnect
Aa
Search
  • Categories
  • Bookmarks
  • More Foxiz
    • Sitemap
Have an existing account? Sign In
Follow US
  • Contact
  • Blog
  • Complaint
  • Advertise
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Mpkonnect > Blog > Business > MP to receive ₹ 1500 crore investment in Electric Vehicle sector
Business

MP to receive ₹ 1500 crore investment in Electric Vehicle sector

admin August 24, 2022
Updated 2022/08/24 at 5:30 AM
Share
2 Min Read
SHARE

Volvo Eicher Commercial Vehicles Limited is about to invest a total of ₹ 1500 crore in the Electronic Vehicle industrial sector in Madhya Pradesh.

Chief Minister of the state Shri Shivraj Singh Chouhan was called on 8th of August 2022 by Volvo Eicher Commercial Vehicles Limited and the MD of the company, Mr. Vinod Aggarwal broke the news of the proposed investment of ₹ 1,500 crore in the state.

The company has good presence in the state and has already set up 8 manufacturing units. This provides employment to more than 32,000 individuals.

Shivraj Singh Chouhan pledged full cooperation from the state government to the company. He assured that all the necessary support will be provided as per the laid down policy.

The chief minister was acquainted to the new proposal in the EV sector by Volvo Eicher Commercial Vehicle Limited at the Kushabhau Thakre Auditorium, by Mr. Aggarwal. He informed that the first unit in MP was set up by Volvo Eicher Commercial Vehicle Limited in the year 1986. Presently 8 units are running at Pithampur and Bagroda.

It is to be noted that required materials to operate the company are supplied by 110 auto component units of MP. The company proposed new product manufacturing in the state to support the existing units. The units are operating properly in the state due to the provision of necessary facilities by the state government.

The proposal of the company were presented by the Principal Secretary Industrial Policy and Investment Promotion, Mr. Sanjay Shukla. During this proposal, the company’s COO Rajendra Singh Sachdev and Vice President Nitin Nagda were also present.

You Might Also Like

Chhattisgarh Set to Witness Major Boost in Healthcare and Industry with Proposed Medanta Hospital and Varun Beverages Plant

Bhopal to Host 21st World Rose Convention in 2028: India to Welcome Global Rose Enthusiasts for the First Time

Ather Energy Expands Madhya Pradesh Presence with Second Experience Centre in Indore

CtrlS Commits ₹500 Crore to Build Greenfield Data Center in Bhopal

PVR INOX Makes Grand Entry into Jabalpur with First Multiplex at KA Mall under FOCO Model

TAGGED: Electronic vehicle, EV, madhya pradesh, mp, volvo eicher

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
I have read and agree to the terms & conditions
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
admin August 24, 2022
Share this Article
Facebook TwitterEmail Print
Share
Posted by admin
Follow:
Mpkonnect
Previous Article Accenture starts new Technology Centre in Indore
Next Article Khandwa’s Omkareshwar Dam gets world’s largest floating Solar Power plant
Leave a comment Leave a comment

Leave a Reply Cancel reply

Login with your Social ID

Your email address will not be published. Required fields are marked *

Stay Connected

3.2k Followers Like
30 Followers Follow
232 Subscribers Subscribe
- Advertisement -
Ad imageAd image

Latest News

Chhattisgarh Set to Witness Major Boost in Healthcare and Industry with Proposed Medanta Hospital and Varun Beverages Plant
Business June 1, 2025
Bhopal to Host 21st World Rose Convention in 2028: India to Welcome Global Rose Enthusiasts for the First Time
Business May 29, 2025

You Might also Like

Business

Chhattisgarh Set to Witness Major Boost in Healthcare and Industry with Proposed Medanta Hospital and Varun Beverages Plant

June 1, 2025
Business

Bhopal to Host 21st World Rose Convention in 2028: India to Welcome Global Rose Enthusiasts for the First Time

May 29, 2025
Business

Ather Energy Expands Madhya Pradesh Presence with Second Experience Centre in Indore

May 27, 2025
Business

CtrlS Commits ₹500 Crore to Build Greenfield Data Center in Bhopal

May 15, 2025
//

We work on the idea of creating a community of MPites or are working or settled in different parts of the state, country and/ or the world. It is a platform for the professional advisory, knowledge sharing & business networking for the like minded people.

 

Quick Link

  • Advertise with us
  • Newsletters
  • Deal

Top Categories

  • Market Place
  • Guest Columns

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

I have read and agree to the terms & conditions
MpkonnectMpkonnect

© 2022 MPkonnect . All Rights Reserved.

  •  

  •  

  •  

  •  

Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

I have read and agree to the terms & conditions
Zero spam, Unsubscribe at any time.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Register Lost your password?