Nashik Municipal Corporation (NMC) has planned to start 29 Electric Vehicle (EV) charging stations in the city from 2025. This initiative is being undertaken to promote the use of electric vehicles in the city.
MSME Minister Kondapalli Srinivas said that the government plans to set up incubation centers and is formulating a virtual workplace policy with incentives for individuals who establish workplaces.
This deal is IFC's first investment in financing energy-efficient (EE) machinery for MSMEs in India. The funds obtained in the form of green bonds will be used to create eco-friendly assets, helping India achieve its sustainable development goals.
MSME Minister T.M. Anbarasan said that buyer-seller meets will be organized every six months in various cities across Tamil Nadu. The purpose of these meets is to help small industries present their products to global companies and gain a good market. This will assist small industries in increasing the sales of their products.
Hero MotoCorp will launch affordable electric two-wheelers in the coming months and expand into European markets such as the UK, France, Spain, and Italy next year. The company will introduce its electric scooter, VIDA Z, and premium internal combustion engine motorcycles in these regions.
The $400 million loan from the International Finance Corporation (IFC) will enable the company to expand financial assistance for customers choosing to buy two-wheeler, three-wheeler, and four-wheeler electric vehicles.
Sterling Tech-Mobility and a Chinese company are partnering to open a factory in Bengaluru, where they will manufacture components for electric vehicles. The cost of setting up this factory will be ₹40 crores.
India is advancing towards a sustainable future by establishing Centres of Excellence (CoEs) focused on Green Hydrogen research. Launched by the Ministry of New and Renewable Energy with Rs. 100 crores, this initiative supports innovation in Green Hydrogen production, storage, and use, aiming for energy independence and clean energy leadership.
Under the PM E-Drive scheme, there has already been a significant increase in the sales of EVs, which proves that people are increasingly adopting electric vehicles. With the help of government schemes, the sales of electric two-wheelers reached 571,411 units in 2024-25.
Converting IC vehicles into electric ones is more cost-effective than building new vehicles. Additionally, reusing old vehicles results in a lower environmental impact compared to new ones. This provides a sustainable and cost-effective solution for businesses.
Srijan program provides funding at concessional rates through technical and financial assessments, helping enterprises turn their ideas into reality. Additionally, SIDBI has collaborated with TIFAC to simplify the technical evaluation and funding process further.
This strategic partnership reflects the shared vision of both companies to provide fast and eco-friendly delivery services in urban areas. This achievement will bring Mayuri's expertise to Bangalore and expand Porter's user base while meeting the increasing demand for small-sized and sustainable transportation.
The initiatives and training programs of the Tamil Nadu Small and Tiny Industries Association (TANSTIA) have played a significant role in providing new direction to small and medium entrepreneurs in Tamil Nadu, enhancing their sustainability and growth, and enabling them to advance competitively.
The use of green hydrogen is providing a new direction for electric vehicles, making them more efficient and environmentally friendly, and the Jharkhand government is introducing a policy to promote green hydrogen.
NSEFI, CEO, Subramanyam Pulipaka stated that a solar-powered EV charging station has been established in Hauz Khas village. This will help us understand how to increase the use of green energy for charging and how this model can be adopted in other states as well.
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