MoneyWorks4Me

TVS Motor to refund around Rs 20 crore as goodwill benefit scheme to customers

04 May 2023 Evaluate

TVS Motor Company is planning to refund around Rs 20 crore as a goodwill benefit scheme to customers who have paid over and above the threshold limit fixed under the FAME scheme. It has fully complied with all government regulations specified under the FAME (Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles in India) initiative. 

The company is fully committed to the government's vision to promote electric mobility. The company also fully supports the government's initiative to enable faster adoption of electric mobility, development of electric vehicle eco-system.

TVS Motor Company is a reputed two and three-wheeler manufacturer.


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