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Arai likely to divide PM E-drive upgrade funds among 4 agencies
Mint Mumbai
|December 31, 2024
The Automotive Research Association of India (Arai) is likely to spearhead the distribution of ₹780 crore earmarked for upgrading the nation's automotive testing infrastructure as part of the government's ₹10,900-crore electric vehicle (EV) subsidy scheme, two persons aware of the matter said.
Being the oldest and largest among these agencies, Arai will formulate a plan to allocate the fund among the four testing agencies enlisted under the PM E-drive scheme - Arai itself, International Centre for Automotive Technology (ICAT), Global Automotive Research Centre (GARC), and National Automotive Test Track (NATRAX).
"Arai is likely to make a plan for the division of PM E-drive scheme's allocation, being the oldest and biggest testing agency among those empowered under the scheme," said the first person mentioned above, requesting anonymity.
Cette histoire est tirée de l'édition December 31, 2024 de Mint Mumbai.
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