02-11-2022 04:20 PM | Source: IANS
Ford, Suzuki to get incentives under India's $3.5 billion scheme for clean fuel vehicles
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NEW DELHI - Ford Motor Co, Suzuki Motor Corp and Hyundai Motor are among 20 companies that will be eligible for incentives under the Indian government's $3.5 billion scheme to boost clean fuel vehicles, two industry sources told Reuters.
The federal cabinet last year approved a plan for the automobile sector aimed at boosting production of electric and hydrogen fuel-powered vehicles.
Ford, Suzuki, Hyundai did not immediately respond to a request for comment.
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