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Hero Electric and Okinawa Autotech FAME subsidies suspended by Indian Government
On May 2, multiple sources reported that the Union Government of India has demanded recovery of the subsidy given under the Fame India Scheme phase 2 from Okinawa Autotech and Hero Electric amounting to INR 1.16 billion and INR 1.33 billion respectively. The two companies have been held for violating phased manufactu....
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