HomeOther Energy Applications ›Alstom India Bags INR 1.5 crore Grant to 10 EV Start-Ups

Alstom India Bags INR 1.5 crore Grant to 10 EV Start-Ups

One of the jury-like innovation leaders from Alstom chose over 200 applications and hand-picked 20 startups for the incubation program.

May 17, 2023. By Nivedita Ojha

Alstom India has bagged an allotment of INR 1.5 crores to 10 startups that have developed solutions in the fields of clean energy, shared mobility, and multimodal solutions.

Executed by NSRCEL-IIMB (NS Raghavan Centre for Entrepreneurial Learning), the chosen startups will be eligible to utilise the allotted funds to develop and deploy their solutions.

One of the jury-like innovation leaders from Alstom chose over 200 applications and hand-picked 20 startups for the incubation program.

The chosen startups will be able to utilise the grant funds to progress and use their solutions.

Olivier Loison, Managing Director, Alstom India speaking about the vision of sustainable mobility to life through business, has also committed to making active social investments to develop startups that share the vision.

Alstom avails an all-inclusive operational profile of solutions to fulfil consumer-specific requirements, from cost-efficient mass-market platforms to exclusive technological innovations.

The company owns six industrial sites and two major engineering centres, not only catering to domestic project requirement but also serving many international projects.
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