Tuesday, March 21, 2017

FAME – India (Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles in India)


Government of India approved the National Mission on Electric Mobility in 2011 and subsequently National Electric Mobility Mission Plan 2020 was unveiled in 2013.

FAME-India:- 
  • As part of the mission, Department of Heavy Industry has formulated a scheme namely FAME – India (Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles in India).
  • The overall scheme is proposed to be implemented over a period of 6 years, till 2020, wherein it is intended 
    • To support the hybrid/electric vehicles market development and its manufacturing eco-system 
    • To achieve self-sustenance at the end of the stipulated period.
  • The FAME India Scheme is aimed at incentivising all vehicle segments i.e. 2 Wheeler, 3 Wheeler Auto, Passenger 4 Wheeler Vehicle, Light Commercial Vehicles and Buses.
  • The scheme covers Hybrid & Electric technologies like Mild Hybrid, Strong Hybrid, Plug in Hybrid & Battery Electric Vehicles.  
  • The scheme has 4 focus areas i.e.
    • Technology Development,
    • Demand Creation,
    • Pilot Projects and
    • Charging Infrastructure. 
  • Under FAME-India (Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles in India) Scheme of the Government, Department of Heavy Industry has extended demand incentives @ Rs. 127.77 Crore for purchase of 1,11,897 Electric/Hybrid vehicles since inception of the Scheme on 1st April, 2015 till February, 2017. 
  • The Phase-1 of the scheme is being implemented over a 2 year period i.e. FY 2015-16 and FY 2016-17 commencing from 1st April 2015 with approved outlay of Rs. 795 Crore.
  • Based on the outcome and experience gained in the Phase I (2 years), the scheme shall be reviewed appropriately with inputs from stakeholders and shall be considered for implementation post 31st March, 2017 with appropriate allocation of fund in the future. 

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