New Delhi: The Union Ministry of Heavy Industries has awarded Creatara, an modern startup within the electrical two-wheeler business, a grant of INR 3.9 crores beneath the Capital Items Scheme for the event of indigenous know-how.
The grant will function a catalyst to speed up improvement of technologically superior automobiles for the native and international markets, the corporate stated in a media launch.
Vikas Gupta, CEO, Creatara, stated, “This grant is a testomony to the dedication and onerous work of our staff at Creatara. We’re honoured to obtain this assist from the Ministry of Heavy Industries ( GOI). It will encourage us to proceed our mission of revolutionizing the electrical two-wheeler market.”
Creatara is poised to leverage this important funding to additional improve its analysis and improvement efforts, with a deal with advancing indigenous know-how for electrical automobiles. By harnessing innovation and sustainability, Creatara goals to contribute considerably to India’s imaginative and prescient of a greener, cleaner future, the discharge added.
