MHI Meeting on E-Bus and E-Truck Financing Mechanisms

Ministry of Heavy Industries convened meeting to address private sector financing challenges for electric buses and trucks.
Discussed interventions including Partial Credit Guarantee schemes and Interest Subvention mechanisms to de-risk lending.
Wide participation from DFS, World Bank, banks, NBFCs, SIDBI, NIIF, operators, OEMs and industry bodies like SIAM, AIMTC, BOCI.
Aims to support India's Net Zero 2070 goal and advance electric mobility in commercial vehicle segment.