Insights

SCBs Report ₹1.25 Lakh Crore MSME NPAs Amid Rising Sector Concerns

Opportunity India Desk Nov 26, 2024 - 2 min read

As of March 31, 2024, scheduled commercial banks (SCBs) owed ₹28.04 lakh crore to the MSME sector. According to Minister of State for Finance Pankaj Chaudhary's recent address in the Lok Sabha, ₹1.25 lakh crore were classified as non-performing assets (NPAs), resulting in a gross NPA ratio of 4.46%, compared to 2.74% for ...

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Amara Raja & NTPC to Operate Hydrogen Fuel Cell Buses in Leh

Opportunity India Desk Nov 26, 2024 - 1 min read

The inauguration of India's first green hydrogen fuelling station in Leh, Ladakh, marked an important milestone in the country's green energy journey. This project, carried out by Amara Raja Infra for NTPC Ltd., seeks to encourage emission-free transport in the area. Union Power Minister and Minister of Housing & Urban Affairs, ...

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Motul and Zypp to Train 10,000 EV Mechanics Nationwide

Opportunity India Desk Nov 25, 2024 - 1 min read

Motul India, a leading automotive lubricant maker, has partnered with D2C EV brand Zypp Electric to launch a nationwide training program focused on electric two-wheeler (e-2W) repair and maintenance. The initiative aims to certify over 10,000 mechanics across India as EV repair specialists. Feedback from participants and dealer partners indicated significant ...

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Urban vs. Rural: The Best Spot for Your Charging Business

Opportunity India Desk Nov 25, 2024 - 2 min read

In the field of charging, the main focus is on making fast chargers even faster, so that people on the move, whether leaving the city or traveling on highways, can quickly charge their vehicles. We are working to reduce charging time and integrate it with eco-friendly electricity and renewable energy. These are some ...

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One Charger, A Better Solution for All EVs - Awadhesh Kumar Jha

Opportunity India Desk Nov 25, 2024 - 2 min read

In today's world, especially in the car segment, the most critical aspect of public charging is how quickly it can be done. As customers, we expect our vehicles to charge rapidly, and for this, the charger’s ability to support high-capacity charging becomes crucial. If a vehicle supports high-capacity charging, modern technology can ensure ...

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Stellantis Bets Big on Electric Trucks with Advanced STLA Frame Platform

Opportunity India Desk Nov 23, 2024 - 3 min read

Stellantis has unveiled the STLA Frame, a battery-electric vehicle (BEV) architecture designed specifically for full-size body-on-frame pickup trucks and SUVs. This invention is aimed at the high-demand category in North America and select global markets, where customers value power, durability, and performance. The STLA Frame platform is engineered to deliver class-leading ...

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ZELIO Debuts ‘Tanga’ E-Rickshaw, Eyes Last-Mile Connectivity Revolution in India

Opportunity India Desk Nov 22, 2024 - 2 min read

ZELIO Ebikes, a significant participant in India's electric two-wheeler category, has officially entered the expanding e-rickshaw market with the introduction of its new Tanga by ZELIO line. The Haryana-based electric vehicle company debuted its maiden e-rickshaw models at the prestigious EV India Expo 2024 in New Delhi.

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GLIDA Calls for Bigger Boost to EV Charging Infrastructure

Opportunity India Desk Nov 22, 2024 - 2 min read

India has reached a significant milestone with the sale of nearly 4 million electric vehicles (EVs). However, as EV adoption gains momentum, the spotlight has shifted to the development of a robust fast-charging infrastructure to support this growth. A strong charging network is critical for reducing range anxiety and encouraging more ...

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PURE EV to Supply 60,000 Electric Bikes Annually in Middle East and African Markets

Opportunity India Desk Nov 20, 2024 - 2 min read

PURE EV, an electric two-wheeler company located in India, has partnered with Arva Electric Vehicles Manufacturing, a Clarion Investment subsidiary in the UAE, to extend its presence in the Middle East and Africa. Under the arrangement, PURE EV will deliver 50,000 units of its flagship electric motorcycles, the ecoDryft and eTryst X, over ...

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Daimler Truck Secures Funding for Liquid Hydrogen Fuel Cell Fleet

Opportunity India Desk Nov 20, 2024 - 3 min read

The BMDV, in collaboration with Baden-Württemberg and Rhineland-Palatinate, has announced a €226 million (approximately ₹1,986 crore) funding package to support the development, small-scale production, and deployment of 100 hydrogen fuel cell trucks. The program was subjected to rigorous evaluation, including a study by the European Commission, which highlighted its importance in promoting hydrogen-powered ...

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