India-Japan Fund Infuses ₹500 Crore into Electric Vehicle Firm Eka Mobility:

Daily Current Affairs / India-Japan Fund Infuses ₹500 Crore into Electric Vehicle Firm Eka Mobility:

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Category : Business and economics Published on: October 24 2025

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The India-Japan Fund (IJF), managed by the National Investment and Infrastructure Fund (NIIF), has invested ₹500 crore in electric vehicle maker Eka Mobility.
The funding aims to strengthen IJF’s commitment to the climate sector and promote India–Japan economic collaboration.
Eka Mobility plans to use the investment to scale up manufacturing, enhance R&D, and strengthen its domestic and global market presence.