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.
German automobile companies, especially Mercedes, are already manufacturing electric vehicles in India. The initiative for the production of electric vehicles by Mercedes in Pune is a significant step in this direction.
The CEO of the Skill Council for Green Jobs, Arpit Sharma, said, "We have trained nearly 450,000 sanitation workers and de-sludging operators in the waste management sector. Now, we are focusing on green hydrogen, which is one of the largest emerging sectors in India, and we have initiated capacity building in this area.
Raptee.HV Motorcycle will start deliveries in Chennai and Bangalore from January. Along with this, the company plans to expand to other major cities, depending on the demand for mid-premium motorcycles and the adoption of electric mobility in these markets.
NueGo has become the world’s first bus brand to launch the Kashmir to Kanyakumari (E-K2K) expedition. This journey will cover 4,000+ kilometers, which will be completely emission-free, passing through 200+ towns and cities, and will travel from an altitude of 3,500 feet above sea level to the coastline.
Small and medium enterprises (SMEs) play a significant role in economic development in India, and adopting clean energy technology can be beneficial for them. Appropriate financial measures such as subsidies, green loans, and educational programs can assist SMEs in implementing renewable energy solutions.
Ayurveda, Yoga, Unani, Siddha and Homoeopathy (AYUSH) industry is back on right platform as Government of India has given its nod to amalgamate AYUSH in the mainstream category of healthcare sector which has the potential to further boost entrepreneurship
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