Mangalam Industrial Finance Limited (MIFL), a major non-banking financial company (NBFC), has announced a strategic commitment to financing electric mobility solutions through its new fleet financing initiative. To promote permanent green mobility, an alliance was formed with the Mission of the Government of India, the objective of this initiative is to support EV fleet operators across the country. By enabling more access to funding, MIFL is taking an important step towards reducing carbon footprints and intensifying infection in a cleaner, more durable transport ecosystem.
With the increasing demand for electric vehicles in the commercial transport sector, MIFL is ready to provide special funding solutions for the electric vehicle fleet, with electric buses, trucks, taxis, delivery vehicles, three-wheelers and two-wheelers Are included. The purpose of this initiative is to make green mobility more accessible and viable options for fleet operators, with competitive terms and flexible repayment options.
By supporting this project, MIFL is not only able to adopt electric vehicles widely, but also contributing to a cleaner and greenery. This step supports a greenery transport network’s vision of the Government of India and promoting environmentally friendly solutions that reduces pollution and dependence on fossil fuels.
Commenting on the launch, Mr. Venkat Ramna Revuru, Managing Director and Chairman, Mangalam Industrial Finance Limited (MIFL) said: “In MIFL, we are committed to running the Green Revolution by promoting permanent investment. With a rapid increase in electric mobility in India, our fleet is designed to strengthen financing businesses, reduce emissions and support a greenery, more durable future country attitude. We are excited to be a part of this important change in India’s transport sector. ,
MIFL’s financing solutions will be adapted to meet the specific requirements of fleet operators, which will help them easily infection in electric vehicles. Experts of experts MIFL will provide guidance throughout the process, ensuring that each project is executed smoothly.
MIFL’s finance options come with competitive interest rates, long -term repayment plans and easy documentation processes, making it easier for businesses to move to cleaner, electric fleet without compromising their financial capabilities.
