AUTOMOBILE INDUSTRY HAILS PM E-DRIVE SCHEME
The Business Guardian|September 15, 2024
The Society of Indian Automobile Manufacturers (SIAM) and big auto players have hailed the Cabinet decision of PM e-DRIVE schemes aimed at promoting electric mobility across the country.
AUTOMOBILE INDUSTRY HAILS PM E-DRIVE SCHEME

The Rs 10,900 crore scheme will support 2,479,000 electric 2-wheelers , 316,00 0 e lectr ic 3-wheelers and 14,028 electric buses, along with 88,500 EV charging sites.

Shailesh Chandra, President of SIAM and Managing Director of Tata Motors Passenger Vehicles Ltd & Tata Passenger Electric Mobility Ltd, expressed strong support for the government's forward-thinking initiative.

Chandra said, "This forward-thinking initiative reflects the Government's unwavering support for India's transition to electric mobility, fostering innovation and investment within the sector. We believe this scheme will not only enhance the growth of the EV ecosystem but also strengthen India's leadership in the global movement towards environmental sustainability."

Dr Anish Shah, Group CEO & MD, Mahindra Group also commended government's efforts, specifically highlighting the comprehensive nature of the PM e-DRIVE scheme.

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