Under the Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME-II) scheme, to avail the incentives, at least _____ of their components are to be sourced locally.
Answer with explanationAnswer: Option C
To make domestic industry competitive at the global level, the steering committee, led by NITI Aayog CEO Amitabh Kant, has finalised the mission’s approach. Rs 10,000 crore has been earmarked under FAME-II to roll out 1 million electric buses, in the next couple of years, in the country.
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