Vas stated that the price caps, imposed under the FAME scheme, have been constraining expensive technological innovations.
Talking to reporters here on Tuesday, Vas said, "The FAME scheme will end on March 31, 2024. Each segment is subject to a price cap under the FAME policy. It is specified as 1.5 lakh ex-factory for two-wheelers. Therefore, under FAME, I am not allowed to sell a car for more than 1.5 lakh ex-factory."
The Department of Heavy Industry introduced the FAME India Scheme in 2015 to promote electric and hybrid vehicle manufacturing, encourage adoption, develop charging infrastructure, and support research and manufacturing.
Diese Geschichte stammt aus der May 31, 2023-Ausgabe von Financial Express Mumbai.
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Diese Geschichte stammt aus der May 31, 2023-Ausgabe von Financial Express Mumbai.
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