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Govt steps to recover INR 249 cr from Okinawa and Hero Electric for violating FAME norms – EQ Mag

The government’s probe found that both firms breached the localisation program they had committed to, prompting the government to initiate the recovery process The Indian government is expected to issue recovery notices to Hero Electric and Okinawa, two electric two-wheeler companies, after a probe found they had violated provisions of the Faster Adoption and Manufacturing […]

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