September 08 - 10:09
India to give out $3.5bn to automakers under clean tech scheme - Reuters
India will give about $3.5bn in incentives to automakers over a five-year period under a revised clean tech scheme, Reuters reports. The country has been pushing to boost the manufacturing and export of clean technology vehicles. The government's original plan was to give about $8 billion to automakers to promote gasoline technology, but the scheme was redrawn to focus on eco-friendly vehicles.
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