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Sidbi Sets up ‘Evolve’ Project to Finance 50,000 Electric Vehicles for MSMEs

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Sidbi is planning to finance nearly 50,000 EVs for MSMEs, collaborating with Niti Aayog for technical support, while financial assistance will be provided by World Bank, Korea-World Bank partnership facility and Korean economic development cooperation fund. All financing will be done under a new project called Evolve (Electric Vehicle Operations......
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A Reinforcement towards India’s Vision of USD 5 Trillion Economy

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Mr. Anurag Pandey, Executive-in-Charge, Global Wires India-Tata Steel, affirms, “The Union Budget 2022-23 announced a 35.4 percent increase in CAPEX to INR 7.5 lakh crore for FY23 from INR 5.54 lakh crore for FY22”. The fourth Budget presented by the Honourable Finance Minister lays the foundation for India’s long-term growth and......
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IT, Telecom to Usher in Revolution in 5G, Cloud computing, Data Centre, AI, IoT

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Mr. Tushar Kanti Roy, Advisor Strategy, PPC Technology India Pvt. Ltd. – A Belden brand, says, “Thrust in technology provision will see optical fibre connectivity and data centre in various forms to generate high-speed voice, video, and data and increase its residential and enterprise deployment in large numbers in the country.”......
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Nokia, HFCL Among 25 Companies Register Under PLI Scheme for Telecom Sector

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Around 25 telecom gear makers – including Nokia and HFCL have applied under the Rs 12,195 crore production linked incentive scheme for the sector, according to official sources. June 23, 2021 Around 25 telecom gear makers – including Nokia and HFCL have applied under the Rs 12,195 crore production linked......
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