Budget Announcements for EVs: Can Interim Budget get the 'fame' for EVs roaring?

FAME SCHEME In Budget: The Indian budget has a significant impact on the electric vehicle (EV) industry's growth trajectory. With the demand for EVs increasing, policies and support through budget allocations become pivotal for both the industry and consumers. Recent data indicates a soaring demand for EVs, with Tata Motors projecting substantial sales growth. However, challenges persist, including issues related to FAME schemes and the need for consistent policies and standards. The upcoming budget discussions will likely focus on sustaining incentives, funding extensions, and setting new frameworks for EV growth.

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