Insights

MSME Ministry Allocates ₹13,554 Crore for PMEGP Expansion Over Five Years

Opportunity India Desk Dec 03, 2024 - 2 min read

The Ministry of Micro, Small, and Medium Enterprises (MSME) has been implementing the Prime Minister’s Employment Generation Programme (PMEGP), a credit-linked subsidy scheme, since 2008-09. Aimed at generating employment opportunities across the country, including Uttarakhand, the programme facilitates the establishment of microenterprises in the non-farm sector. The Khadi and Village Industries Commission (KVIC) ...

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Is Quick Commerce Leading To Quick Erosion Of ‘Kirana’ Ecosystem?

Parina Sood, TFW Bureau Dec 02, 2024 - 8 min read

The Shift For most of urban India, especially metropolitan and tier 1 cities, venturing out for buying everyday essentials like grocery and ration seems like a yesteryears’ thought. Thanks to the present-day shopping phenomenon called quick commerce. While e-commerce provides convenience to customers, quick commerce has combined convenience with speed and has created a modern-day ...

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Ather Energy Expands to Sri Lanka with First Experience Centre in Colombo

Opportunity India Desk Dec 02, 2024 - 3 min read

Ather Energy Limited, a well-known company in India's electric two-wheeler business, has opened its first Experience Centre, known as Ather Space, in Colombo, Sri Lanka. This is the company's second foreign venture, following its entry into Nepal in November 2023. The Colombo centre allows Sri Lankan consumers to test ride and purchase Ather's ...

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VIDA and Festive Season Sales Propel Hero MotoCorp to Record-Breaking Performance

Opportunity India Desk Dec 02, 2024 - 2 min read

In November 2024, Hero MotoCorp, a global leader in the motorcycle and scooter industry, announced sales of 459,805. To demonstrate its dedication to innovation, the company is actively expanding its premium and scooter products with new models in the internal combustion engine (ICE) and electric vehicle (EV) categories. Positive market conditions and increased ...

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MG Motors Revolutionizes India's EV Market with Affordable 'Battery as a Service' Model

Opportunity India Desk Dec 02, 2024 - 2 min read

The electric vehicle (EV) market in India is growing rapidly, but high costs deter many potential buyers. The primary contributor to an EV's cost is its battery. Addressing this issue, MG Motors has introduced a model called Battery as a Service (BAS). This initiative is designed to make EV ownership simpler, more affordable, ...

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SUN Mobility Unveils Battery-Swapping Tech for Heavy Electric Vehicles in Tamil Nadu

Opportunity India Desk Dec 02, 2024 - 3 min read

SUN Mobility, a leader in energy infrastructure and EV services, revealed its cutting-edge modular battery-swapping technology for heavy electric vehicles (HEVs) at a workshop in Chennai. Over 100 private bus operators and operator associations from Tamil Nadu attended the event, which was a key step towards boosting EV adoption in the heavy vehicle ...

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ARENQ Launches New Line of Waterproof Portable and Wall-Mounted EV Chargers

Opportunity India Desk Nov 30, 2024 - 2 min read

ARENQ, a leading battery manufacturer, has announced the launch of its new range of portable waterproof EV chargers and wall-mounted charging solutions. These chargers are designed to cater to various applications, including robotics, electric vehicles, and industrial machinery, addressing diverse charging needs with efficiency and durability. The new lineup includes, Portable ...

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Chennai UV Space Station Offers Sales, Service, and SuperNova Fast-Charging

Opportunity India Desk Nov 30, 2024 - 2 min read

Ultraviolette Automotive has opened its latest experience centre, the UV Space Station, on Mount Road in Chennai. This marks a significant step in the company's South Indian expansion, bringing its high-performance electric motorcycles closer to enthusiasts in Tamil Nadu. The Chennai facility is Ultraviolette’s seventh experience centre launched this year, highlighting ...

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Yulu Launches EV Services in Kolkata, Marking its First Move in Eastern India

Opportunity India Desk Nov 29, 2024 - 2 min read

Yulu, a renowned shared electric mobility firm, has launched services in Kolkata, marking its first foray into eastern India via a franchise-based model. The operations will be led by Electrie, a company formed by regional industrialist Soham Misra. Electrie will deploy Yulu's DeX GR electric vehicles (EVs) in important Kolkata neighbourhoods ...

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IESA: Innovation and Solar Energy as Game-Changers in India EV Charging Ecosystem

Opportunity India Desk Nov 29, 2024 - 3 min read

With increasing pollution and rising fuel costs in India, adopting electric mobility (EV) has become the need of the hour. Developing charging infrastructure is a critical aspect of accelerating the EV industry. Central and state governments, industry alliances, and technology experts are working together in this direction. Charging infrastructure for electric ...

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