Company submits DPR for 18-acre facility in Madanapalle; focuses on Heavy Vehicle Electrification and Charging Infrastructure
NEW DELHI – Cargo Matters, a leading technology-driven logistics and sustainable infrastructure firm, today announced the signing of a landmark Memorandum of Understanding (MoU) with the Government of Andhra Pradesh to establish an integrated Electric Vehicle (EV) manufacturing and charging hub. Representing a total investment of ₹100 Crore, the project is designed to accelerate India’s “Green Freight” transformation through the electrification of Heavy Commercial Vehicles (HCVs).
The firm has formally submitted a Detailed Project Report (DPR) to the Andhra Pradesh Industrial Infrastructure Corporation (APIIC) for the allotment of 18 acres of industrial land. The facility is envisioned as a multi-functional ecosystem, featuring a dedicated Manufacturing Block for charger production, a specialized Retrofit Facility for heavy vehicle electrification, and a robust R&D unit for validation and certification.
Key Highlights of the Project:
Employment Generation: The facility is projected to create 1,000 direct jobs and approximately 3,000 indirect employment opportunities within the state.
Strategic Green Infrastructure: ₹50 Crore of the total investment is earmarked specifically for charging infrastructure to support regional heavy-duty electric corridors.
Rapid Implementation: Under the state’s proactive industrial policy, pilot operations are expected to begin within 12-18 months, with full commercial commissioning targeted within 24 months of approval.
“This MoU represents our commitment to practical decarbonization,” said Umesh Padala, Founder & Chairman, Cargo Matters. “While the passenger EV market is maturing, the heavy freight sector remains the final frontier. Our Madanapalle facility will provide fleet owners with a cost-effective pathway to electrification through advanced retrofitting and dedicated heavy-duty charging networks.”
P.N Mahesh, Director, APIIC, added: “As part of our commitment to building a green and future-ready logistics ecosystem, we are pleased that Cargo Matters has chosen Madanapalle for its upcoming hub. The project aligns with the Andhra Pradesh Sustainable Electric Mobility Policy 4.0 (2024–2029) and strengthens our ‘Green Freight’ vision. Strategically located near the borders of Karnataka and Tamil Nadu, with Bengaluru about 100 km away and Chennai around 250 km away, Madanapalle offers excellent connectivity for logistics operations. The initiative will generate nearly 1,000 direct and 3,000 indirect jobs, creating meaningful opportunities for the region’s youth.”
The project aligns with the Andhra Pradesh EV Policy 2024-2029, positioning the state as a global hub for high-value electric vehicle manufacturing and sustainable transportation.
