Hero Electric is one of the prominent names in the Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles (FAME) subsidy default investigation of the Centre. SOHINDER GILL, chief executive officer, Hero Electric, in conversation with Nitin Kumar, says a year may have been lost, but it’s a learning nonetheless. Edited excerpts:
Hero Electric is in the Ministry of Heavy Industries’ line of fire over FAME subsidy default for localisation issues. Why is the resolution taking longer?
A solution is close at hand. Directionally, whatever has been the solution given by the ministry in other cases has broadly been the