Original equipment manufacturers will have to seek approval from the Department of Heavy Industry before accepting any proposal to supply electric buses for availing incentives under the FAME India scheme. The move is aimed at facilitating the smooth rollout and management of demand incentives for electric buses under the scheme.
With an aim to promote eco-friendly vehicles, the government had launched the Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles in India (FAME-India) scheme in 2015.
The FAME India Scheme is aimed at incentivising all vehicle segments, including two-wheelers, three wheeler auto, passenger four-wheeler vehicle, light commercial vehicles and buses. The scheme covers hybrid and electric technologies like a strong hybrid, plug-in hybrid and battery electric vehicles.
Facts: FAME India – Faster Adoption and Manufacturing of Hybrid and Electric vehicles in India – is a part of the National Electric Mobility Mission Plan. The scheme envisages Rs 795 crore support in the first two fiscals starting with the current year. It is being administered by the Heavy Industries Ministry.