Date: January 18, 2025
TG Vishwa Prasad to Establish India’s First Private EV Park
TG Vishwa Prasad Invests in Andhra Pradesh’s Economic Growth
Tollywood producer TG Vishwa Prasad, the driving force behind People Media Factory, is making a groundbreaking move to boost Andhra Pradesh’s economy. The producer has announced a massive investment plan that aligns with the state’s vision for innovation and sustainability.
Orvakal Mobility Valley: A Game-Changer for India’s EV Revolution
In a historic development, People Tech Enterprises, an automotive wing of the People Group, has signed a Memorandum of Understanding (MoU) with the Government of Andhra Pradesh to establish India’s first private Electric Vehicle (EV) park—Orvakal Mobility Valley.
This state-of-the-art EV park will span 1,200 acres in Kurnool, with an initial investment of ₹1,800 crore and a total projected investment of ₹13,000 crore.
Key Features of the EV Park
- Employment Opportunities: The project is expected to create 25,000 jobs due to its labor-intensive nature.
- Advanced Facilities: The park will feature exclusive R&D centers, a dedicated vehicle test track, and social infrastructure.
- Sustainability Focus: This initiative reinforces Andhra Pradesh’s position as a hub for green mobility and sustainable growth.
TG Vishwa Prasad: Visionary Leadership and Local Impact
This ambitious project is a testament to the vision of Chandrababu Naidu and IT Minister Nara Lokesh. Who are working to make Andhra Pradesh a destination for next-generation investments. Lokesh emphasized the transformative nature of this initiative, stating,
“The Orvakal Mobility Valley positions Andhra Pradesh as the leader in India’s EV revolution, paving the way for sustainable industrial growth.”
The TG family, with strong ties to the Telugu Desam Party and the Kurnool region. Sees this investment as a way of giving back to their home district, contributing to its growth and prosperity.
Conclusion
The Orvakal Mobility Valley project not only establishes Andhra Pradesh as a leader in India’s EV revolution but also serves as a benchmark for sustainable industrial development. With TG Vishwa Prasad’s significant investment, this initiative set to transform the state’s economic and environmental landscape.