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MSME and EV Financing in India

Sector: Automotive • Location: India

Source: Energetica India Magazine

Project
Awarded

The Asian Development Bank (ADB) has signed a loan agreement with Shriram Finance Ltd. for USD 150 million to enhance access to finance for micro, small, and medium-sized enterprises (MSMEs) in India, focusing on business loans and financing electric vehicles (EVs). This initiative aims to support women-owned MSMEs and promote the adoption of low-emission vehicles, contributing to India's climate

Status
Closed
Sector
Automotive, Electric Vehicles (EVs)
Location
India
Updated
22 Jul 2026
Source
Energetica India Magazine

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The project “MSME and EV Financing in India” is an infrastructure initiative in the Automotive sector, located in India. Taiyo aggregates data on it from Energetica India Magazine.

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Awarded

Taiyo status

Closed

Taiyo last update

2026-07-22

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Description

Description

The Asian Development Bank (ADB) has signed a loan agreement with Shriram Finance Ltd. for USD 150 million to enhance access to finance for micro, small, and medium-sized enterprises (MSMEs) in India, focusing on business loans and financing electric vehicles (EVs). This initiative aims to support women-owned MSMEs and promote the adoption of low-emission vehicles, contributing to India's climate goals.

Original sector

Sustainable Transport

Budget

Location

Country

India

Source

Source

Energetica India Magazine

URL

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Record type

Project

Sector

Automotive, Electric Vehicles (EVs)

Article published date

2025-04-06

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