New Delhi, Sept. 10 -- A foreign car company and two domestic automakers have questioned the implementation of government incentive schemes to promote local manufacturing, laying bare a divide between policy wonks and the industry.

Vietnamese EV firm VinFast said it became ineligible for incentives designed to attract foreign carmakers because it started investing in the country before the scheme was notified.

"That policy was drafted when we were considering entering India. Now, our cars are rolling out from our Indian factory," Pham Sanh Chau, chief executive officer of Vinfast Asia, said on the sidelines of the automaker's official launch in India on Saturday. The top executive added that the pace of policymaking does not match the p...