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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

More Details

Record type

Project

Sector

Automotive, Electric Vehicles (EVs)

Article published date

2025-03-30

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