Car and bike makers in India to get Rs 25,000 cr incentive in cleantech scheme
This will be carried out over a period of five years
The aim is to support the manufacturing and export of clean technology vehicles
The government’s original plan was to provide $8 bn to promote mainly gasoline technology
It was later redesigned to focus on companies making electric and hydrogen fuel-powered vehicles
India sees clean auto tech as a way to reduce oil dependence and environmental pollution