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The product portfolio has witnessed a price drop ranging from Rs 3500 to Rs 5000 depending on the model.
The scooter has attracted the benefits of the new FAME II scheme and is eligible for a subsidy of Rs 18,000.
Greaves Cotton, an Indian engineering firm has acquired Coimbatore-based Ampere Electric. The engineering firm has paid Rs 77 crore to acquire 67 per cent of Ampere Electric.
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