INDIA-JAPAN FUND (IJF) TO INVEST IN ATHER ENERGY

The India-Japan Fund (IJF) is an investment vehicle backed by the Government of India (GOI) and Japan Bank for International Cooperation (JBIC). While GOI contributes 49% to the fund's corpus, JBIC provides the remaining 51%. The fund was created with a mandate to invest in businesses that advance clean energy, sustainable infrastructure, advanced manufacturing and low-carbon technologies. The fund will be investing in

. is an Indian electric two-wheeler (E2W) company engaged in the design, development, and in-house assembly of electric scooters, battery packs, charging infrastructure, and supporting software systems. As countries race to localise critical technologies, India, too, is attempting to build domestic champions instead of relying heavily on imported platforms. Policymakers have long viewed faster adoption of EVs as a way to reduce oil imports, improve energy security and lower transport emissions.