Incentive for car and bike makers in India

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

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