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Year |
Budget allocation |
Scheme |
FY2019-20 |
RS 100 billion |
FAME II Scheme |
FY2020-21 |
RS 100 billion |
FAME II funding for EV subsidies and infrastructure. |
FY2021-22 |
RS 100 billion RS 181 billion |
Ongoing FAME II support PLI scheme in battery manufacturing |
FY2022-23 |
RS 259.38 billion RS 29.08 billion |
PLI for EV manufacturing FAME II Scheme |
FY2023-24 |
RS 197.44 billion RS 29.08 billion |
Green Hydrogen Mission Continued FAME II Support |
The EV sales volume in India could touch around 3-4 million units by 2025 and 10 million by 2030.
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Tata Motors is in the process of developing a new petrol powertrain for its premium sports utility vehicles, the Harrier and Safari, as confirmed by a senior company official. Currently, these models Read more
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INDUSTRIAL PRODUCTS FINDER (IPF) is India’s only industrial product portal. Referred to as the ‘Bible’ of the manufacturing sector in India,
INDUSTRIAL PRODUCTS FINDER (IPF) is India’s only industrial product portal. Referred to as the ‘Bible’ of the manufacturing sector in India,
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