The Ministry of Heavy Industries has granted Creatara, an innovative startup in the electric two-wheeler sector, INR 3.9 crores under the Capital Goods Scheme to develop indigenous technology.
According to a press release by the company, this grant will accelerate the development of advanced vehicles for both local and global markets.
Vikas Gupta, CEO of Creatara, expressed gratitude for the support and stated that it would inspire the team to continue revolutionizing the electric two-wheeler industry.
Creatara plans to utilize this investment to strengthen its research and development initiatives, focusing on advancing indigenous technology for electric vehicles.
By prioritizing innovation and sustainability, Creatara aims to contribute significantly to India’s vision of a greener, cleaner future.
