Brief: U.S. Embassy India Says United States And India Launch Mechanism To Facilitate Deployment Of 10,000 Made-In-India Electric Buses In Indian Cities

Olectra Greentech

20/09/2023 13:18

Sept 20 (Reuters) - 
  
    * U.S. EMBASSY INDIA: UNITED STATES AND INDIA LAUNCH
MECHANISM TO
FACILITATE DEPLOYMENT OF 10,000 MADE-IN-INDIA ELECTRIC BUSES IN
INDIAN CITIES
    * U.S. EMBASSY INDIA: U.S. GOVERNMENT WILL PARTNER WITH
PUBLIC AND
PRIVATE-SECTOR ENTITIES TO ACCELERATE ELECTRIC BUS FINANCING IN
INDIA
    * U.S. EMBASSY INDIA: KEY COMPONENT OF THIS PROJECT WILL BE
A NEW
PAYMENT SECURITY MECHANISM THAT WILL ACCELERATE NEW INVESTMENTS
BY LOWERING FINANCIAL RISKS



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