Insights
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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 ...
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Opportunity India Desk Nov 06, 2024 - 4 min readThe demand for electric vehicles (EVs) is rapidly increasing, especially due to environmental concerns and the rising costs of petrol and diesel. In this scenario, the business of EV kits and services presents a significant opportunity for entrepreneurs. The government offers various incentives to promote electric vehicles, such as tax deductions, subsidies, and ...
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Parina Sood, TFW Bureau Oct 30, 2024 - 4 min readFestive season is at its peak with offers, discounts and schemes at play and the consumers are making the most of it, especially while shopping online. According to a report, appliance industry forecasts growth of 30% amid online boom and premiumisation trends. Companies such as LG Electronics, Panasonic, Sony, Godrej Appliances and Haier started festive sales with a good kick start from the Onam ...
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Opportunity India Desk Oct 29, 2024 - 3 min readSIDBI is taking several important steps to promote new innovations for MSMEs. First, through the "Srijan" program, MSMEs and startups receive support in developing new technologies. This program provides funding at concessional rates through technical and financial assessments, helping enterprises turn their ideas into reality. Additionally, SIDBI has collaborated with TIFAC to simplify ...
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Opportunity India Desk Oct 28, 2024 - 2 min readMayuri has partnered with Porter, a renowned on-demand logistics platform, for the delivery of L3 and L5 e-Carts. This pilot project will be launched in Delhi and Bangalore, aiming to deliver 500 vehicles per month in each city. This strategic partnership reflects both companies' shared vision for fast and eco-friendly delivery services in ...
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Opportunity India Desk Oct 28, 2024 - 5 min readThe Tamil Nadu Small and Tiny Industries Association (TANSTIA) has implemented several significant initiatives to promote the growth and sustainability of MSMEs in the state. One such initiative is training and skill development, where TANSTIA has collaborated with the Tamil Nadu Skill Development Corporation to identify sectors with high employment potential. Under this ...
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Opportunity India Desk Oct 26, 2024 - 5 min readGreen hydrogen is a fuel generated using renewable energy sources, such as solar and wind energy. It serves as a sustainable alternative to traditional fossil fuels and can be utilized in electric vehicles. Green hydrogen is paving the way for a new direction in electric vehicles, making them more efficient and environmentally friendly. ...
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Opportunity India Desk Oct 25, 2024 - 5 min readCurrently, the use of electric vehicles (EVs) is rapidly increasing, and with this growth, the role of renewable sources such as solar and wind energy is becoming increasingly important. Let's understand how these energy sources contribute to EVs.Solar and wind energy are renewable, meaning they are environmentally friendly sources. When EVs ...
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Opportunity India Desk Oct 24, 2024 - 3 min readGermany is taking several significant steps to promote electric mobility in India. German automobile companies, particularly Mercedes, are already manufacturing electric vehicles in India. The initiative for the production of electric vehicles by Mercedes in Pune is a major step in this direction. Additionally, other German vehicle manufacturers are also planning to produce ...