FAME scheme

electric vehicles: Budget 2024 Expectations: Auto companies seek continued push to green mobility, infrastructure development

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Interim Budget Expectations: The government needs to continue with favourable policies to promote green mobility while also focussing on infrastructure development at a robust pace in the upcoming Budget, according to some leading firms in the automobile space. The Union government is all set to present the interim budget on February 1. “We expect capex … Read more

Maruti Suzuki eyes policy continuity in Interim Budget with focus on PLI and FAME schemes

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With the interim budget just round the corner, Indian automaker Maruti Suzuki hopes government focus will continue on Production Linked Incentives (PLI) and the Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles (FAME) schemes. At a virtual interaction with media, Shashank Srivastava, Executive Director (Sales and Marketing), highlighted that even though the interim budget … Read more