Motown Inc may get INR 50,000 cr fuel to drive green technology
The Indian government may allocate up to INR 50,000 crore to promote green technologies in the automobile sector, according to Ministry of Heavy Industries memos. The funds could be used to launch the next phase of the Faster Adoption and Manufacturing of Hybrid & Electric Vehicles in India (FAME) scheme, incentivise green technology manufacturing or provide vehicle buyers with support.
Tags : automobile sector Motown Inc fame pmo ministry of heavy industries FAME III FAME programme green technology
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