Posts Tagged ‘india’
India’s road to achieving its goal as the largest EV market in the world
According to the World Economic Forum white paper on EV-ready India, the opportunities for India’s mobility future are massive. Contributing factors include the continued growth in the country’s population and the move towards urban centres, all of which are driving urban mobility demand. Energy scarcity is another factor resulting from India’s dependence on importing oil. …
Read MoreVC Investment trends in Southeast Asia Q1’20
According to the KPMG publication, Venture Pulse, Q1’20 saw China’s lockdown towards the end of January resulting in a slowdown in VC deals activity in the country. As COVID-19 evovled throughout the Southeast Asian region, VC investors hit the pause button, particularly those with interests in China.However, while deal volume decreased over Asia, three were…
Read MoreChallenges to electric vehicles adoption in India
Inc42 lists the following challenges in the adoption of electric vehicles in India: Lack of battery cell manufacturing The complete absence of primary battery cell manufacturing in India means that India is reliant on importing batteries from China, the dominant country in the battery supply chain, manufacturing around three quarters of the battery manufacturing of…
Read MoreIndia’s USD 101 billion startup ecosystem
The current Indian startup ecosystem, with a cumulative valuation of 95 – USD 101 billion, has facilitated between 390 000 – 430 000 direct jobs, 60 000 of which were created in 2019 alone, according to the Nasscom 2019 report. Consisting of over 335 active incubators and accelerators with a capacity to enable over 5 000 startups every year,…
Read MoreGovernment incentivization aims to promote India’s EV industry
The recent announcement by India’s Goods and Services Council (GST) regarding the reduction of tax rates on electric vehicles (EVs), will take effect on 1 August 2019. Reductions will see rates moving from 12 per cent to 5 per cent on EVs and from 18 per cent to 5 per cent on EV chargers, reinforcing…
Read MoreThe turning point in India’s EV industry
India’s electric vehicle market saw sales double in 2017. Inspired by the FAME India Scheme – Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles (FAME) India which was launched under the management of the Heavy Industry Ministry. The scheme which aimed to support hybrid or electric vehicles market development and its ecosystem initially formed…
Read MoreInsights into the sectors attracting impact investing in India
The Global Impact Investment Network(GINN), not-for-profit group that works to promote impact investments and has some 230 members, defines impact investments as investments made into companies, organizations, and funds with the intention to generate social and environmental impact alongside a financial return. Impact investments can be made in both emerging and developed markets, and target a…
Read MoreIndia: a solid case for impact investment
The latest McKinsey report released in September 2017 shows the value of India’s impact investment ecosystem to have accumulated $4.1 billion worth of investments over the period of 2010 – 2016. As impact investment attracts more attention with social responsibility drawing attention from private equity and venture capital, global impact investment is anticipated to reach…
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