There is currently no proposal to extend the Faster Adoption and Manufacturing of Electric Vehicles (FAME) after March 2024.
The news comes at a time a report jointly prepared by the KPMG and CII has suggested that EV adoption levels in India is expected to see exponential growth for the rest of the decade.
In an exclusive conversation with CNBC-TV18, Gagan Sidhu, Director at Council On Energy, Environment and Water-Centre for Energy Finance, Hemang Jani, Group Senior Vice President at Motilal Oswal Financial Services Ltd and Mitul Shah, Head Of Research, Institutional Equity at Reliance Securities, decode the electric vehicle picture. Listen in.
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