 "electric two wheeler")
The Ministry of Heavy Industries (MHI), starting July 13, will hold court with electric two-wheeler manufacturers that have allegedly violated Phased Manufacturing Programme (PMP) guidelines under the Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles in India (FAME-II) scheme. The manufacturers include top electric two-wheeler players like Hero Electric and Okinawa.
The hearing aims to give the companies a chance to accept the government formula by which the alleged violators have to return the subsidy claimed to the government and forgo the subsidy given after their disqualification from the scheme, Business Standard has learnt.
This comes after MHI officials
