US Backs Indias 50,000 E-Buses Initiative

14 Dec 2023 CW Team

India's ambitious plan to introduce 50,000 electric buses on its roads has garnered support from the United States, marking a significant stride toward sustainable and eco-friendly urban transportation. The initiative, aimed at reducing carbon emissions and promoting green mobility, has received a nod of approval from American stakeholders.

The collaboration between India and the US underscores the global importance of transitioning to electric vehicles to combat climate change. The endorsement comes as part of a broader effort to foster international partnerships in advancing clean energy solutions.

India's commitment to deploying electric buses aligns with its broader strategy to shift towards cleaner and more sustainable modes of transportation. The plan not only addresses environmental concerns but also contributes to reducing dependence on fossil fuels, ultimately promoting a greener and more resilient urban infrastructure.

The US support for India's electric bus initiative is expected to open avenues for technology transfer, knowledge sharing, and collaborative research in the field of electric mobility. The partnership reflects a shared commitment to combatting climate change and advancing innovative solutions for the challenges posed by urbanisation and transportation emissions.

As both nations join forces to propel the adoption of electric buses, the initiative sets a positive precedent for global cooperation in achieving environmentally conscious transportation goals.

Real Estate

05 Sep 2025

Vitizen Hotels Signs Deal at Manyata Tech Park

Vikram Kamats Hospitality, as part of its ongoing expansion in key metropolitan markets, announced that its material subsidiary, Vitizen Hotels, has signed a long-term lease agreement for a 45-key hotel property at Manyata Tech Park, Bengaluru.Strategically located in the city’s prominent IT hub, the property is well-positioned to serve corporate travelers, business professionals, and long-stay guests. The addition aligns with the company’s asset-light growth model, leveraging long-term leases to expand its footprint in high-demand urban markets.The hotel is expected to strengthen the comp..

CONCOR Signs MoU with BPIPL to Operate Container Terminal at Bhavnagar Port

Container Corporation of India (CONCOR) has signed a Memorandum of Understanding (MoU) with Bhavnagar Port Infrastructure (BPIPL) on September 4, 2025, in New Delhi to operate and maintain the upcoming container terminal at the northside of Bhavnagar Port, Gujarat.BPIPL had earlier entered into an agreement with the Gujarat Maritime Board (GMB) in September 2024 for the port’s development. Under this arrangement, 235 hectares of land has been leased to BPIPL for 30 years, with provision for expansion by an additional 250 hectares.The new terminal is expected to significantly enhance logistic..

Concord Launches India’s First Indigenous Zero-Emission Rail Propulsion

Concord Control Systems (CCSL), a leader in embedded electronics and critical rail technologies, has announced the development of India’s first fully indigenous zero-emission propulsion system, marking a significant step toward the country’s railway electrification and net-zero goals for 2030.Powered by Lithium Iron Phosphate (LFP) batteries and featuring a DC chopper-based drive, the propulsion system eliminates idling losses common in diesel engines, offering higher efficiency, lower costs, and zero emissions.What sets this innovation apart is its completely indigenous design. Except for..