Tamil Nadu Chief Minister Opens Electric Motorcycle Showroom in Chennai

Tamil Nadu Chief Minister C. Joseph Vijay launched the main showroom for Raptee.HV on Wednesday via video link from the state Secretariat. The newly opened facility is located in Perungudi, Chennai, and belongs to a local firm that builds high-voltage electric motorcycles.

Funding And Support

The business has its main office in Chennai and built this space to give buyers a better look at its products than a standard factory store allows. The enterprise adapts electric car technology for use in two-wheelers. The state government backed the firm through the Tamil Nadu Industrial Development Corporation, which put in twenty-five crore rupees using convertible preference shares under a fresh startup policy. Officials shared that the development agency also intends to fund other early-stage ventures like Agnikul Cosmos.

Officials Present

Several senior state figures attended the digital launch event at the Secretariat alongside the Chief Minister. These included Industries Minister S. Keerthana, Chief Secretary M. Sai Kumar, Industries Investment Promotion and Commerce Additional Chief Secretary S. Vijayakumar, and the Chairman and Managing Director of the development corporation, D. Karthikeyan.

Context

State-backed funding agencies in India regularly use venture investments to promote local manufacturing in clean energy sectors. Electric vehicle adoption in the country continues to grow as regional administrations offer policy support to new mobility businesses.