Fame india scheme

The Faster Adoption and Manufacturing of Hybrid and Electric Vehicles in India (FAME India) scheme is an initiative by the Government of India launched to promote the adoption of electric and hybrid vehicles in the country. The scheme was launched in 2015 and has been subsequently extended and modified to encourage the use of electric vehicles (EVs) and reduce the dependency on fossil fuels. Here are the key features and objectives of the FAME India scheme:
What is Fame india scheme

Objectives of Fame india scheme:

1. Promoting Electric Mobility: FAME India aims to promote the adoption of electric and hybrid vehicles in different vehicle segments, including two-wheelers, three-wheelers, four-wheelers, and buses. The goal is to enhance the market for electric vehicles and reduce vehicular emissions.
2. Reducing Pollution: By promoting the use of electric vehicles, FAME India contributes to reducing air pollution and greenhouse gas emissions, leading to a cleaner environment and better air quality in cities.
3. Supporting Manufacturing: The scheme also supports the manufacturing of electric vehicles and their components in India, thereby promoting indigenous manufacturing, job creation, and skill development in the EV sector.

Key Components of Fame india scheme:

1. Incentives: FAME India provides financial incentives to buyers of electric and hybrid vehicles. These incentives can be in the form of direct subsidies on the purchase price or reduced vehicle registration fees. Incentives are also provided for charging infrastructure.
2. Charging Infrastructure: The scheme focuses on setting up a robust charging infrastructure across the country to support electric vehicle users. Charging stations are established in cities and along highways to enable convenient charging for EV owners.
3. Public Transport: FAME India promotes the adoption of electric buses for public transport purposes. Incentives are provided to state transport corporations and agencies to introduce electric buses in their fleets.
4. Research and Development: The scheme supports research and development activities related to electric and hybrid vehicles, battery technologies, and associated components. This encourages innovation and advancements in the electric mobility sector.
5. Awareness and Capacity Building: FAME India includes initiatives to create awareness about electric vehicles and their benefits. Capacity building programs and training sessions are conducted for stakeholders, including manufacturers, dealers, and consumers.
FAME India has played a significant role in accelerating the adoption of electric vehicles in the country. It has contributed to the growth of the electric vehicle market, increased consumer awareness, and encouraged investments in the electric mobility sector. The scheme continues to evolve to keep pace with the changing dynamics of the electric vehicle industry and align with the government’s goals of promoting sustainable transportation.