Invest India to facilitate ARC Electric’s expansion to boost EV adoption

Invest India, the agency to promote and facilitate national investment under the Department for Promotion of Industry (DPIIT), Ministry of Commerce and Industry, has joined hands with ARC Electric, a company that offers electric taxi services exclusively to the corporate sector, as part of its efforts to promote sustainable mobility, Express Drives reported.

The new partnership will facilitate ARC Electric’s ambition to expand into Tier 1 and Tier 2 cities. The planned expansion will require the company to grow its business, construct infrastructure, and offer electric mobility solutions to the corporate sector in India.

To deploy more than 5,000 electric vehicles in the next 18 to 24 months, ARC Electric intends to enter the hubs of corporate and tech giants in Hyderabad and Bangalore, the report added.

Citing Kuldeep Singla, Senior Manager at Invest India, Express Drives reported, “Invest India is committed to supporting next-generation enterprises that are building for the future — sustainably, inclusively, and at scale. ARC Electric’s mission to revolutionise corporate mobility through EVs aligns perfectly with the Government of India’s vision for green infrastructure and clean transportation.”

Abhinav Kalia, founder & CEO of ARC Electric, said,  “This partnership with Invest India marks a pivotal moment in our journey. With the support of the government and our strong commitment to sustainability, we are poised to transform the way India’s leading organisations think about mobility. Our goal is not just to provide transport, but to pioneer a green movement across boardrooms and business parks,” the Express Drives report added.