https://www.business-standard.com/industry/auto/fame-iii-india-to-replace-800k-diesel-buses-with-electric-over-7-years-123122900244_1.html
The JV with Mahindra was facing challenges as mentioned in concall due to slow implementation by state governments with the upcoming policy on fame 3 and also scrapping of old diesel vehicles MSTC can exploit this opportunity,
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