In Short : Borosil Group projects revenues to exceed ₹7,000 crore within four years. The company aims to achieve this growth through strategic expansions and enhanced product offerings across its glassware and consumer goods divisions. With a focus on innovation and sustainability, Borosil is committed to strengthening its market position and catering to increasing consumer […]
DAO EVTech aims to invest Rs 100 crore in Tamil Nadu – EQ Mag
The company also aims to hire 2000 individuals before 2025. DAO EVTech, a smart electric mobility manufacturing startup with a Make In India focus, has proposed to invest Rs 100 crore in Tamil Nadu. Dr. Michael Liu, Chairman and CEO of DAO EVTech, stated that the “Tamil Nadu market is crucial to any EV two-wheeler […]
Svitch MotoCorp To Invest Rs 100 Crore To Develop Electric Bike – EQ Mag Pro
Svitch MotoCorp, an Ahmedabad-based electric vehicle maker, said that it will invest Rs 100 crore to develop CSR 762, which is due to go on the market this year. According to a statement, the e-motorbike will cost around Rs 1.65 lakh and will receive a subsidy worth Rs 40,000 as per government orders. Svitch Bike […]
EV financing start-up Revfin raises Rs 100 crore in debt – EQ Mag Pro
The EV financing digital platform is looking to enter states like Assam, Madhya Pradesh, Rajasthan and Punjab for electric three-wheeler financing. EV financing digital platform Revfin has raised Rs 100 crore in debt, which it plans to use to expand into new geographies for financing three-wheelers and make foray into providing loans for two-wheelers in […]
Earth Energy looks to invest Rs 100 crore in two years as EV demand rises – EQ Mag Pro
EV maker Earth Energy, which is set to commence deliveries of its Glyde range of e-scooters from early next month, is looking to invest around Rs 100 crore in the next two years as the electric vehicle (EV) demand is going up exponentially going forward, its founder CEO Rushii Senghani has said. Besides, the city-based […]