Auto industry wants CVs to be a part of FAME scheme: Dheeraj Hinduja

Dheeraj Hinduja, Chairman of Ashok Leyland, expects the budget to have a positive impact on the commercial vehicle industry during the current financial year. The company is set to launch a light commercial vehicle in every two months this year. In an exclusive telephonic interview with Shine Jacob, Hinduja talks about the Red Sea crisis, the Faster Adoption and Manufacturing of Electric (And Hybrid) Vehicles (FAME) scheme, and industry growth this fiscal year. Edited Excerpts:

We were expecting a formal announcement on FAME III in the budget as the interim scheme did not cover cars and commercial