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Hosur SIPCOT Phase IV EV Corridor: ₹1,450 Cr Investment & New Jobs

Tamil Nadu's expanding industrial footprint in Hosur gains a ₹1,450 crore boost under SIPCOT Phase IV, focusing on EV components and precision engineering.

15 October 2026VizhiTN State & Economy Desk5 min read
Hosur SIPCOT Phase IV EV Corridor: ₹1,450 Cr Investment & New Jobs
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Why this matters to Tamil Nadu

Accelerates green mobility manufacturing in Tier-2 border districts Generates over 12,000 direct and indirect employment opportunities for local engineering graduates Strengthens Tamil Nadu's position as India's leading EV manufacturing capital

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Key Highlights

Essential facts and key takeaways

4 points
Project Outlay: ₹1,450 Crore
Nodal Agency: SIPCOT & Guidance Tamil Nadu
Target Sector: Electric Vehicles & Electronics
Employment Target: 12,000+ Direct Jobs

Timeline

Chronological developments

4 events
1
January 2025
Phase IV land acquisition finalization
2
July 2025
Basic infrastructure and road connectivity rollout
3
October 2026
First batch of EV component units commencement
4
March 2027
Full-scale commercial operations across cluster

Official Sources

Verified links & documentation

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