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Ford, Suzuki to get incentives under govt's $3.5 bn clean fuel scheme

Ford, Suzuki to get incentives under govt's $3.5 bn clean fuel scheme

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 to get incentives under govt's $3.5 bn clean fuel scheme Ford, Suzuki to get incentives under govt's $3.5 bn clean fuel scheme

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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