Opportunity India Desk

Union Minister for Power, Housing, and Urban Affairs, Manohar Lal, launched the 'EV as a Service' initiative by Convergence Energy Services Limited (CESL), a branch of Energy Efficiency Services Limited (EESL), at Major Dhyan Chand National Stadium. The new program aims to accelerate electric vehicle (EV) adoption within government sectors, including ministries, departments, ...

In an effort to drive growth and innovation in Nellore’s MSME sector, District Collector O. Anand called on the Small Industries Development Bank of India (SIDBI) to step up its support for local Micro, Small, and Medium Enterprises (MSMEs), which are struggling to reach their full potential in the district’s three MSME clusters. ...

Leading two-wheeler manufacturer Honda Motorcycle & Scooter India is set to launch its first electric model in the country on November 27. With its stronghold in the internal combustion engine (ICE) scooter segment through models like Activa and Dio, it is expected that Honda’s first electric model will also be a scooter.

The Nashik Municipal Corporation (NMC) has planned to set up 29 Electric Vehicle (EV) charging stations in the city starting in 2025. This initiative is aimed at promoting the use of electric vehicles in the city. NMC has already appointed a Delhi-based private company to establish these EV charging stations, and ...

In a bold effort to reshape Andhra Pradesh's economic environment, Chief Minister N. Chandrababu Naidu has set a high goal: to nurture an entrepreneur in every household and attain a 15% annual growth rate, bridging the state's gap with leading economies throughout India. Kondapalli Srinivas, Minister for Micro, Small, and Medium Enterprises (MSME) ...

Profectus Capital, a non-banking financial company that supports MSMEs, secured $25 million (approximately ₹205 crore) through non-convertible debentures (NCDs) issued to the International Finance Corporation (IFC), a World Bank Group. This milestone represents IFC’s inaugural investment in financing energy-efficient (EE) machinery specifically for MSMEs in India. The fund obtained, dubbed green ...