Different strokes for different folks

In conversation with Nagesh Basavanhalli, Group CEO & MD, Greaves Cotton Ltd., who talks to us about being encouraged by Tamil Nadu's latest industrial policy, Ampere Electric's plans of manufacturing two wheelers for the affordable mobility bracket and their new manufacturing facility. TOS: Tamil Nadu has attracted a lot of investments in the EV space of late. Why has the state become such an attractive destination? NB:  Let me set a context to our journey. Over the last four years, Greaves has moved from a single-product, single-customer focus in diesel automotive to a solutions and services player in last-mile mobility where we mobilize people and move millions of people. We saw this emerging trend four years ago and were one of the early movers in electric mobility partly because we had seen that unit economics in two-wheelers and three-wheelers works for us. It has worked in China for the two-wheeler model. Greaves then made a couple of acquisitions and due to these, we have facilities in Tamil Nadu at Coimbatore and in Ranipet.  We have been very encouraged by Tamil Nadu’s latest industrial policy. Based on industry feedback and the fact that their people have been working with our teams very closely, it has been