[GOVERNMENT POLICY]
EV/FAME/scrappage policy — auto + battery + charging stack
Tata Motors, M&M, Olectra, Amara Raja, Exide — full EV stack on FAME / PM E-Drive policy
▲ Stocks that benefit7 cos
TATAMOTORSAuto
Tata Motors
Direct EV product / order book uplift
M&MAuto
Mahindra & Mahindra
Direct EV product / order book uplift
OLECTRAEV
Olectra Greentech
Direct EV product / order book uplift
MOTHERSONAuto Ancillary
Samvardhana Motherson
Direct EV product / order book uplift
BHARATFORGAuto Ancillary
Bharat Forge
Direct EV product / order book uplift
AMARAJABATBattery
Amara Raja Energy
Cell + storage demand expansion
EXIDEINDBattery
Exide Industries
Cell + storage demand expansion
Historical examples
2024-09-11 — PM E-Drive Scheme launched (₹10,900 cr EV push, FAME-III successor)
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