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Opportunity India Desk Nov 08 2024 - 2 min readT.M. Anbarasan, Minister for MSME and Rural Industries, recently opened a large international buyer-seller meeting, which highlighted Tamil Nadu's Micro, Small, and Medium Enterprises (MSME) sector. On Thursday, the district hosted an event that brought together 28 buyers from 14 countries, including Germany, Japan, the United States, Malaysia, and Egypt, as well as ...
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Opportunity India Desk Nov 08 2024 - 4 min readHero MotoCorp, one of the world's top two-wheeler manufacturers, is making a determined move into the electric vehicle (EV) industry and increasing its global footprint. With ambitious intentions to introduce more affordable electric two-wheeler models under the VIDA brand and reach important European markets, the company is positioning itself as a major participant ...
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Opportunity India Desk Nov 07 2024 - 4 min readIn a significant move to bolster India’s climate and financial inclusion efforts, the International Finance Corporation (IFC), part of the World Bank Group, has announced a strategic partnership with Bajaj Finance. IFC is financing $400 million as part of Bajaj Finance's $1 billion debt-raising strategy to grow its electric vehicle (EV) fleet, promote ...
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Opportunity India Desk Nov 07 2024 - 4 min readIn a dynamic move that promises to drive forward India’s electric vehicle (EV) industry, Sterling Tools, through its wholly owned subsidiary Sterling Tech-Mobility, has forged a strategic partnership with GLVAC Yuantong New Energy Technology Co. (GLVAC YT), a Chinese leader in EV component manufacturing. This agreement marks a significant step forward in the ...
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Opportunity India Desk Nov 07 2024 - 2 min readIndia has taken a bold step towards a sustainable future by inviting proposals to establish Centres of Excellence (CoEs) focused on Green Hydrogen research and development. This call, made by the Ministry of New and Renewable Energy (MNRE) on November 4, 2024, is an important step forward in the country's transition to ...
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Opportunity India Desk Nov 06 2024 - 5 min readOn October 1, 2024, the government introduced the "PM Electric Drive Revolution in Innovative Vehicle Enhancement" (PM E-DRIVE) plan, marking a watershed moment in India's transition to a greener, self-sufficient future. With a 10,900 crore investment, this effort intends to increase EV adoption, extend charging infrastructure, and position India as a ...