Government to launch FAME-III scheme within two months

The Indian government plans to roll out the third phase of the Faster Adoption & Manufacturing of Electric Vehicles (FAME) scheme within the next two months, according to H D Kumaraswamy, Minister of Heavy Industries. Speaking at an industry event in New Delhi, Kumaraswamy emphasized the government’s commitment to advancing India’s electric vehicle (EV) ecosystem, focusing on local manufacturing and sustainable growth. The FAME scheme, initiated in 2015 with an initial outlay of approximately Rs…