Bajaj Auto pressures Maharashtra on ₹60-70 cr EV dues, scouts Tamil Nadu and Karnataka for next plant
With ₹2,000 crore already deployed in Maharashtra and subsidy eligibility certificates still pending, Bajaj Auto is openly evaluating Tamil Nadu and Karnataka for its next electric and ICE two- and three-wheeler facility. A ₹300 crore EV plant with 500,000-unit capacity is in play.
What happened
Bajaj Auto is pressing Maharashtra for pending EV subsidy dues of ₹60-70 crore and eligibility certificates on ₹2,000 crore investments, while scouting Tamil
Key facts
- ₹60-70 crore subsidy pending
- ₹2,000 crore invested
- ₹300 crore EV plant
- 500,000 units capacity
- ₹10,000 subsidy cap
- ₹1,100 crore (2011 dues)
Why this matters
The opening for inbound dialogue with Tamil Nadu and Karnataka EDCs is now, while Bajaj is actively scouting and competing states are likely to sharpen incentive terms to land the 500,000-unit facility.