Best 11 Automobile Companies in India: Indian automobile industry is expected to emerge as the world’s third-largest passenger vehicle market by 2021. The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved the proposal for the implementation of the scheme – ‘Faster Adoption and Manufacturing of Electric Vehicles in India Phase II (FAME India Phase II)’ for promotion of Electric Mobility in the country from 2019-20 to 2021-2022.
