KKR to invest $310 million for India focused E-bus platform

Global investment firm KKR is injecting up to $310 million into Allfleet India and PMI Electro Mobility Solutions. This strategic partnership aims to significantly expand electric public transport fleets across India. The investment will bolster Allfleet's operations and enhance PMI Electro's manufacturing capabilities. This move supports India's drive for cleaner urban mobility and decarbonisation.