Ability Electric Inc. (Liability), based in California, United States, has announced its intention to set up the world's largest electric three-wheeler manufacturing facility in Telangana.
The Union Cabinet has approved USD 808 million (INR 6,062.45 crore) for a new scheme 'Raising and Accelerating MSME Performance' (RAMP). The new scheme assisted by the World Bank is expected to commence in the financial year of 2022-23.
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