Future Mobility Industrial Park – Shoolagiri SIPCOT, Krishnagiri District, Tamil Nadu

Introduction:

The Future Mobility Industrial Park at Shoolagiri SIPCOT, located in the Krishnagiri District, Tamil Nadu, is a specialized industrial estate developed by the State Industries Promotion Corporation of Tamil Nadu (SIPCOT). This park is dedicated to the future mobility sector, focusing on electric vehicles (EVs), autonomous vehicles, and next-generation transportation technologies. The park is designed to attract both domestic and international investments in advanced mobility solutions, positioning Tamil Nadu as a leader in the global transition toward clean and sustainable mobility.

Key Features of Future Mobility Industrial Park, Shoolagiri SIPCOT:

1. Strategic Location:

  • Shoolagiri SIPCOT Industrial Park is located in the Krishnagiri District, about 70 km from Bangalore and 275 km from Chennai, making it strategically positioned between two major industrial and technology hubs.
  • The park is situated along National Highway 44 (NH-44), which provides excellent road connectivity to major cities like Bangalore, Hosur, and Chennai.
  • Bangalore International Airport is about 90 km from the park, offering convenient air connectivity for both domestic and international travel, while Chennai Port (280 km away) provides maritime access for global trade.

2. Focus on Future Mobility:

The Future Mobility Industrial Park is dedicated to industries involved in electric vehicles (EVs), autonomous vehicles, and next-generation transportation technologies, including:

  • Electric vehicle manufacturing: Companies involved in the production of electric cars, two-wheelers, and commercial EVs will find the park ideal for their operations.
  • Battery manufacturing and energy storage: The park supports industries involved in producing lithium-ion batteries, energy storage solutions, and charging infrastructure for electric vehicles.
  • Autonomous and connected vehicle technology: Companies developing autonomous driving systems, connected vehicle technologies, and smart mobility solutions can leverage the park’s infrastructure.
  • EV components and parts: The park also caters to companies producing essential EV components, such as motors, controllers, inverters, and other critical parts.
  • Research and Development (R&D): The park encourages R&D centres for innovation in clean energy solutions, electric mobility, and advanced automotive technologies.

3. World-Class Infrastructure:

  • Future Mobility Industrial Park offers state-of-the-art infrastructure designed to meet the specific needs of the EV and future mobility sector:
    • Industrial plots of various sizes are equipped with essential utilities such as uninterrupted power supply, water, drainage, and telecommunications.
    • Dedicated testing tracks and R&D facilities for testing autonomous vehicles, electric vehicles, and other advanced technologies.
    • Warehousing and logistics facilities are designed to support companies involved in manufacturing and distributing EVs and related components.
    • Reliable power infrastructure with provisions for renewable energy, such as solar power, to support the clean energy needs of electric vehicle manufacturers.

4. EV and Clean Mobility Hub:

  • Shoolagiri SIPCOT Industrial Park is envisioned as a hub for the development and manufacturing of electric vehicles and clean mobility solutions.
  • The park is part of Tamil Nadu’s broader vision to be a leader in India’s EV revolution, in line with the central government’s focus on promoting electric mobility and reducing carbon emissions.
  • The park’s proximity to Hosur, home to major automotive manufacturers, provides a strong supply chain ecosystem for EV components and related industries.

5. Government Support and Incentives:

  • Industries operating in the Future Mobility Industrial Park benefit from various government incentives aimed at promoting the electric vehicle and clean mobility sectors:
    • Tax exemptions and financial subsidies for companies involved in EV manufacturing, battery production, and clean energy solutions.
    • Subsidized land rates for eligible companies, reducing capital costs and encouraging large-scale investments.
    • A single-window clearance system to streamline the regulatory approval process, ensuring faster establishment and commencement of industrial operations.
    • Special incentives for MSMEs (Micro, Small, and Medium Enterprises) and start-ups involved in mobility innovations, fostering a vibrant ecosystem for technology-driven industries.

6. Employment and Regional Economic Growth:

  • The Future Mobility Industrial Park is expected to generate significant employment opportunities, particularly in high-tech fields such as electric vehicle manufacturing, battery technology, and autonomous driving systems.
  • The park will contribute to the overall economic development of Krishnagiri District, promoting industrialization and raising the standard of living for local communities.
  • By attracting investments from both domestic and international companies, the park helps promote the growth of ancillary industries, such as logistics, retail, and services, further boosting the local economy.

7. Sustainability and Environmental Practices:

  • The Future Mobility Industrial Park is committed to promoting sustainability and clean energy solutions, ensuring that industries comply with environmental regulations and adopt eco-friendly practices.
  • The park is equipped with renewable energy sources, such as solar power, to meet the electricity needs of industries focused on clean mobility solutions.
  • The park is also designed to support green mobility by encouraging the development of infrastructure such as EV charging stations, contributing to the overall goal of reducing carbon emissions.

8. Proximity to Major Infrastructure:

  • The park’s proximity to Bangalore International Airport (90 km) provides excellent air connectivity for global business operations and international travel.
  • Chennai Port, located about 280 km away, facilitates maritime trade for companies involved in exporting electric vehicles, batteries, and automotive components.
  • NH-44 ensures seamless road connectivity to important industrial centres across Tamil Nadu, Karnataka, and beyond, facilitating the smooth transportation of goods and raw materials.

9. Investment Potential:

  • The Future Mobility Industrial Park offers significant investment opportunities for both domestic and international companies, particularly in the fields of electric vehicle production, battery manufacturing, and mobility innovation.
  • Tamil Nadu’s favourable industrial policies, skilled workforce, and government incentives make the park an attractive destination for Foreign Direct Investment (FDI).
  • The park’s focus on the future of mobility and its strategic location ensures that it will continue to attract substantial investments, contributing to the development of clean and sustainable transportation solutions in India.

Conclusion:

The Future Mobility Industrial Park at Shoolagiri SIPCOT, in Krishnagiri District, is a forward-thinking industrial estate that offers world-class infrastructure, strategic connectivity, and government support for companies in the electric vehicle and clean mobility sectors. With a focus on EV production, autonomous driving technologies, and clean energy solutions, the park plays a crucial role in Tamil Nadu’s vision to lead the global transition toward sustainable mobility. By creating employment opportunities, fostering innovation, and attracting significant investments, the Future Mobility Industrial Park is set to contribute to the growth of next-generation transportation in India.

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