Mangalam Industrial Finance Ltd. (MIFL), a leading Non-Banking Financial Company (NBFC), has introduced a strategic Fleet Financing initiative to accelerate the adoption of green mobility solutions. This initiative aligns with the Government of India’s vision to promote sustainable, eco-friendly transportation and reduce carbon emissions.

As part of its commitment to advancing electric mobility, MIFL will provide financing for electric vehicle (EV) fleets across various commercial transport sectors, including electric buses, trucks, taxis, delivery vehicles, three-wheelers, and two-wheelers. By offering competitive financing terms and flexible repayment options, the company aims to make green mobility more accessible and financially viable for fleet operators.

Venkata Ramana Revuru, Managing Director & Chairman of MIFL, emphasized that this initiative reflects the company’s dedication to fostering sustainable investments. With India’s EV sector experiencing rapid growth, MIFL seeks to empower businesses to transition to cleaner transportation and contribute to a more sustainable future.

MIFL’s financing solutions feature competitive interest rates, long-term repayment plans, and streamlined documentation processes, ensuring a seamless transition for fleet operators to electric vehicles. Additionally, MIFL’s expert team will provide comprehensive guidance to facilitate the successful implementation of each project.

 About Mangalam Industrial Finance Ltd. (MIFL)

Mangalam Industrial Finance Ltd. (MIFL) is a leading financial services provider, known for its innovative financing solutions for a wide range of sectors. With a focus on fostering sustainable growth, MIFL is dedicated to supporting green projects, including clean energy and electric mobility. The company is committed to contributing to India’s progress toward a sustainable future through forward-looking financial products.­