Karnataka is home to leading global auto companies, 45+ electric vehicle innovation start-ups and Reva Mahindra - the first indigenously built electric car in the country. Poised to emerge as the electric vehicle hub of India, the state has been proactively approving new investment opportunities in EV component Industry such as Motors, Batteries, controllers etc. To facilitate strategic investments and policy interventions, the state has a dedicated startup cell.
The registration process for electric vehicle startups in the state is represented below.
Incorporate your startup as Pvt Ltd/ Register as a Partnership Firm/ LLP/OPC
Visit Startup Karnataka Portal & sign up as a Startup
Activate the link sent to your email address and create a user ID & password
Login to the portal using the user credentials & click on the registration tab in the dashboard. Fill in the required details & submit.
Now sit back & relax. The Startup Karnataka team will process your application.
MSMEs, large and mega scale industries and international business form an important segment of Karnataka’s industrial sector and occupy a place of prominence in the economy of the state. The process to obtain the required approvals and incentives for your electric vehicle business is represented below.