FG Mobilises $1.02 bn to Convert Vehicles to CNG

FG Group, a leading Indian commercial vehicle manufacturer, announced a ₹84 billion (≈ $1.02 billion) financing plan to convert its fleet of trucks and buses to compressed natural gas (CNG). The initiative aims to reduce emissions, lower operating costs, and support India’s push for cleaner transport. The funds will be used for retrofitting existing vehicles, building CNG refueling infrastructure, and developing new CNG‑compatible models, with rollout expected across major Indian cities over the next few years. Views Nigeria