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

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.
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