FAME-II scheme restructuring entire EV industry, needs another extension, says Ather Energy
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Last Updated: Jan 31, 2021, 10:50 AM IST
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The SMEV had argued that since its implementation from April 1, 2019, FAME-II has been able to achieve less than 10 per cent of its target of supporting 10 lakh electric two-wheelers, five lakh three-wheelers, 55,000 four-wheelers and 7,000 buses by 2022.
Reuters
NEW DELHI: FAME-II scheme, the programme meant to promote electric vehicles in India, has helped in attracting investments in the sector in the country and needs to be extended by another three to four years, according to a top official of Hero MotoCorp-backed Ather Energy. Presenting an opposite view to that of the Society of Manufacturers of Electric Vehicles (SMEV) which asked Finance Minister Nirmala Sitharaman to either rejig FAME-II scheme or reintroduce FAME-I, Ather Energy Co-founder & CEO Tarun Mehta told that what the SMEV has said does not look like a
Tamil Nadu signs MoUs with firms for projects worth Rs 24,248 crore
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Last Updated: Dec 14, 2020, 06:18 PM IST
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The MoUs were signed, foundation stones laid and project inaugurations were done for 24 projects in the state that are likely to create 54,218 jobs, the State government said.
PTI
Chief Minister Edapaddi K Palaniswami said the State government had signed 18 MoUs with different companies for an investment of Rs 19,955 crore. Foundation stones were also laid and inauguration done of projects that would bring in an investment of Rs 4,503 crore.
Chennai: Tamil Nadu signed a slew of memorandums of understanding (MoUs) on Monday worth Rs 24,248 crore as part of its drive to attract investment in the State
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