Nl Correspondent
Jammu Tawi: Small Industries Development Bank of India (SIDBI) joins Government of Uttar Pradesh e-mobility drive at Ayodhya, Uttar Pradesh. To Green Ayodhya and Empower hunar-mand (skilling the unskilled) especially women, SIDBI supported ETO Motors, launched its EV services in Ayodhya. Hon'ble CM flagged off E mobility initiatives including E-autos of ETO at an event held in Ayodhya Dham. The event was joined by team Lucknow RO & team green led by Dr R K Singh, CGM . This initiative aims to ease commuting in pious city of Ayodhya with reducing pollution. Govt of UP has provided charging infra and parking station where as SIDBI assisted ETO shall manage the seamless access to EV autos to common people. Its important to mention that UBER with whom we have MoU to support its aggregators deepen e mobility shall power this initiative through its matchmaking platform. Witnessing the spark in the eyes of trained drivers pool starting their livelihood journey was a matter of pride. This move is expected to enhance environment responsiveness among lakhs of people who are expected to be in Ayodhya.On this occasion Shri Sivasubramanian Ramann, CMD, SIDBI messaged that “The decarbonization of the transport sector is need of the hour and SIDBI launched multiple initiatives to promote electric mobility adoption in India. These are aimed at providing affordable capital to the EV ecosystem, Shell foundation supported risk sharing facilities to safeguard the EV lending and supporting the women's entrepreneurship journey in smaller towns/rural India. SIDBI endeavours to reach the last mile with affordable access to EVs. The initiative is witnessing traction from across India. The beneficiaries include enterprises active in last-mile deliveries and connectivity, renting to users, battery swapping stations, charging point operators and dedicated e mobility centric NBFCs.”
