IFC backs JBM, GreenCell with $137 million for e-bus rollout
Published on: Sept. 11, 2025, 2:13 p.m. | Source: The Economic Times
International Finance Corporation invested $137 million in JBM ECOLIFE and GreenCell Mobility. This investment aims to boost electric public transport in India. The funding will help deploy 4,000 e-buses and charging stations across multiple states. The project will create 12,000 jobs, focusing on opportunities for women.
