The Ministry of Heavy Industries (MHI) has debarred Hero Electric and Benling India, two defaulters under its flagship Faster Adoption and Manufacturing of Electric Vehicles in India Phase-II (FAME-II) scheme, from participating in any of its incentive programmes in future.
This action follows the ministry s findings that the phased manufacturing programme (PMP) guidelines were violated by these two companies, senior officials told
Electric Two Wheelers: Hero Electric, Okinawa, and Benling India risk blacklisting for not returning FAME-II benefits, while other companies face EMPS 2024 exclusion despite clearance, in efforts to promote electric vehicles in India.
Ministry bars Hero Electric, Benling India from EV incentive schemes over default: Report moneycontrol.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneycontrol.com Daily Mail and Mail on Sunday newspapers.