Insights
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Opportunity India Desk Oct 09, 2023 - 2 min readThe inaugural edition of the Women Entrepreneurship Platform (WEP) – NITI Aayog State Workshop Series on Enabling Women-led Development through Entrepreneurship was organized at CSIR-National Institute of Oceanography (NIO) Auditorium, Goa. The workshop was held in collaboration with the Government of Goa with a focus on the western region of the country. A series of ...
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Opportunity India Desk Oct 06, 2023 - 6 min readSamagra Shiksha Uttarakhand and Swiss Education Group, Switzerland has recently signed MoU to boost tourism and hospitality training in Uttarakhand, at the state's Secretariat in the presence of Chief Minister Pushkar Singh Dhami. The main objective of this partnership is to provide enhanced training in the field of tourism and hospitality ...
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Opportunity India Desk Oct 06, 2023 - 4 min readThe policy repo rate under the liquidity adjustment facility (LAF) remained unchanged at 6.50 per cent, as decided in the Reserve Bank of India’s Monetary Policy Committee (MPC) meeting on Friday. The MPC also decided to remain focused on withdrawal of accommodation to ensure that inflation progressively aligns to the target, while supporting ...
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Opportunity India Desk Oct 06, 2023 - 3 min readVietnam’s electric car manufacturer VinFast Auto said that it is planning to invest up to USD 200 million (INR 1,665 crore) to set up assembly units in India. However, it is not confirmed where the company will set up its plant in the country. VinFast which considers itself a competitor of world’s ...
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Opportunity India Desk Oct 06, 2023 - 3 min readSmall Industries Development Bank of India (SIDBI), in collaboration with the Shell Foundation, has introduced a USD 6-million Risk Sharing Facility (RSF) aimed at enhancing financial accessibility and promoting the widespread adoption of electric two- and three-wheelers throughout India. SIDBI, the country’s principal financial institution for MSMEs and Shell Foundation, the ...
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Opportunity India Desk Oct 05, 2023 - 3 min readThe sale on Gandhi Jayanti at Khadi Bhawan (Connaught Place) has crossed INR 1.52 crore, breaking its previous year’s record of INR 1.34 crore. The flagship Khadi Bhawan at Connaught Place witnessed the highest-ever sale of Khadi and Village Industries products worth INR 1,52,45,000 crore, KVIC said. The Chairman of the ...
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Opportunity India Desk Oct 05, 2023 - 3 min readLOHUM, producer of sustainable energy transition materials via recycling, repurposing, and refining, and Log9, a Deep Tech company that specializes in Advanced EV battery technology have joined hands to address the critical challenge of sustainable battery disposal in the electric vehicle (EV) industry. According to the official statement, the collaboration aims to solve ...
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Opportunity India Desk Oct 05, 2023 - 15 min readIn the backdrop of increasing demand, iVOOMi recently unveiled its ultra-modern facility to ramp up production. Ashwin Bhandari, Co-founder and CEO, iVOOMi said that two-wheeler industry looks promising and his company holds the production capacity to fill the demand gap may arise in future. Ashwin talked to Opportunity India about the new facility, ...
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Opportunity India Desk Oct 05, 2023 - 4 min readGiving a big push to clean energy, Reliance Industries has unveiled the swappable and multipurpose battery storage technology for electric vehicles at a renewable energy exhibition. These batteries can also be used to power home appliances through an inverter. According to the available information, while it is not clear when the ...
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Opportunity India Desk Oct 05, 2023 - 2 min readFinance Minister Nirmala Sitharaman has underlined the need to increase SIDBI's direct finance share for MSMEs to address their growing capital requirements. She also inaugurated a new branch of the Small Industries Development Bank of India (SIDBI) in Coimbatore. According to SIDBI, Sitharaman highlighted that while SIDBI primarily engaged in indirect ...