The Karnataka government has identified land at Chikkamalligawad near Dharwad to create an EV cluster. The land has already been acquired and is ready for investment.
The government released the draft EV policy 2023–28, which aims to attract investment worth ₹50,000 Crores with the potential to create one lakh job opportunities.
The revised draft policy has increased the capital subsidy for testing centers up to 30 percent for setting up state-of-the-art Electric Vehicle testing and certification facilities.
The revised draft policy has also increased coverage to provide incentives for cell components like Anode, Cathode, Hybrid vehicles, Battery recycling facilities, etc.
The existing Electric Vehicle policy of the government, which is slated to expire soon provided a 15 percent capital subsidy and one percent production-linked incentives.
The Karnataka government has also plans to set up model EV cities for Electric Vehicle adoption. The model cities will be developed in Hubballi Dharwad, Kalaburagi, Mysuru and Belagavi.
Also, the Ministry of Electronics and Information Technology (MeitY) has already approved the establishment of the Electronics Manufacturing Cluster (EMC) at Dharwad.
With the above investments, Dharwad district is likely to generate adequate employment opportunities for the youth and experienced working class.