TVS, Kadam To Deploy 500 Electric 3-Wheelers

05 Jun 2025 CW Team

TVS Motor Company has signed a Memorandum of Understanding (MoU) with Kadam Mobility to deploy 500 units of the TVS King EV MAX electric three-wheelers across major metro and Tier 1 cities during the 2025鈥�26 financial year. The partnership aims to strengthen sustainable urban mobility and promote inclusive growth.

Starting in Q2 of 贵驰25鈥�26, Kadam Mobility will integrate the vehicles into its existing electric ecosystem, which includes charging infrastructure, EV operations, and driver training programmes. The phased rollout also aims to generate livelihood opportunities for underrepresented communities, with a focus on empowering women.

The TVS King EV MAX features a range of 179 kilometres, fast charging capability, a spacious cabin, and Bluetooth-enabled TVS SmartXonnect鈩� technology. The vehicle is tailored to support reliable, efficient, and eco-friendly passenger mobility, aligning with Kadam Mobility鈥檚 efforts to scale clean transportation solutions.

Rajat Gupta, Business Head 鈥� Commercial Mobility at TVS Motor Company, stated that the collaboration is part of a shared commitment to scaling sustainable transport and livelihood generation. Anubhav Swara, Founder & CEO of Kadam Mobility, highlighted the agreement as a vital move to expand clean mobility infrastructure across India.

The first batch of vehicles is expected to be rolled out in June 2025.

Infrastructure Urban

13 Jun 2025

Reliance, Diehl Advance Pact for Precision-Guided Munitions

Diehl Defence CEO Helmut Rauch and Reliance Group鈥檚 Founder Chairman Anil D. Ambani have held discussions to advance their ongoing strategic partnership focused on Guided and Terminally Guided Munitions (TGM), under a cooperation agreement originally signed in 2019.This collaboration underscores Diehl Defence鈥檚 long-term commitment to the Indian market and its support for the Indian Government鈥檚 Make in India initiative. The partnership鈥檚 current emphasis is on the urgent supply of the Vulcano 155mm Precision Guided Munition system to the Indian Armed Forces.Simultaneously, the 鈥淰ulc..

Infrastructure Urban

13 Jun 2025

Modis Navnirman to Migrate to Main Board, Merge Subsidiary

Modis Navnirman Limited has announced that its Board of Directors has approved a key strategic initiative involving migration from the BSE SME platform to the Main Board of both BSE and NSE, alongside a merger with its wholly owned subsidiary, Shree Modis Navnirman Private Limited.The move to the main boards marks a major milestone in the company鈥檚 growth trajectory, reflecting its consistent financial performance, robust corporate governance, and long-term commitment to value creation. This transition will grant the company access to a broader investor base, improve market participation, en..

Infrastructure Urban

13 Jun 2025

Global Capital Flows Remain Subdued, EMEA Leads in Q1 2025

The Bharat InvITs Association鈥檚 industry update for Q1 2025 shows subdued global capital flows, with investment volumes remaining at the lower end of the five-year range despite a late 2024 recovery. According to data from Colliers and MSCI Real Capital Analytics, activity in North America declined slightly, while EMEA maintained steady levels and emerged as the top region for investment in standing assets.The EMEA region now hosts seven of the top ten cross-border capital destinations for standing assets, pushing the United States鈥� share of global activity below 15 per cent. Meanwhile, in..