India's First Private Electric Vehicle Park in Kurnool
Andhra Pradesh Deputy Chief Minister Pawan Kalyan shared updates on the innovative Electric Mobility Park initiative at Orvakal.
By: Tupaki Desk | 18 Jan 2025 4:11 AM GMTIndia's first private Electric Vehicle (EV) Park is set to be established in Orvakal, located in Kurnool district, Andhra Pradesh. This ambitious project will be developed in the Orvakal Mobility Valley, spanning 1,200 acres, with an investment of ₹1,800 crores by People Tech Enterprises Pvt. Ltd.
An MoU (Memorandum of Understanding) was signed between the Andhra Pradesh government and People Tech Enterprises. The agreement was finalized in the presence of ministers Nara Lokesh and TG Bharat, alongside People Tech Group CEO TG Vishwaprasad and AP Economic Development Board CEO Saikanth Varma.
The park will include advanced facilities such as Research and Development (R&D) centers, testing tracks, and plug-and-play industrial spaces. Additionally, essential amenities like housing, hospitals, educational institutions, and malls will be developed to support the workforce and residents.
The project aims to attract investments worth ₹13,000 crores and create job opportunities for 25,000 people. It is expected to transform the region into a hub for electric vehicle manufacturing and innovation. The Deputy Chief Minister, Pawan Kalyan, met with representatives from People Tech Enterprises, calling this agreement a milestone in the state’s development.
Andhra Pradesh Deputy Chief Minister Pawan Kalyan shared updates on the innovative Electric Mobility Park initiative at Orvakal.
Through his Janasena Twitter page he conveyed, "The Orvakal Electric Mobility Park is expected to play a crucial role in shaping Andhra Pradesh as a hub for advanced electric vehicle manufacturing." The park will cover 12,500 acres and host numerous companies, including prominent names like "AR&D, Tesla, and Trucking Tech."
The initiative has gained support from key leader Modi and CM Chandra Babu Naidu is working on this major development. The Deputy CM stated, "This park will be a major milestone for the state, creating employment opportunities for 25,000 individuals and generating significant revenue." The government’s proactive approach to industrial growth is evident through its collaboration with global firms.
Echoing these sentiments, Vishwa Prasad, Chairman of People Tech Group, expressed his gratitude after meeting the Deputy CM. He said, "Honored to meet DyCM Pawan Kalyan Garu and discuss the innovative mobility park initiative at Orvakal, a significant step towards transforming the region into a thriving industrial hub. We're deeply grateful for the unwavering support from the Hon'ble Deputy Chief Minister who has assured the alliance to support our journey for the next 15 years."