FAME India: Faster Adoption and Manufacturing of Hybrid & Electric Vehicles in India

FAME India, or Faster Adoption and Manufacturing of Hybrid and Electric automobiles in India, is a project sponsored by the Indian government to encourage electric and hybrid automobiles. 

Here are some important points about FAME India:

1. Phases: The system was implemented in stages, with FAME I launching in 2015 and FAME II in 2019. Each phase has distinct objectives and funding allocations.

2. Objective: The key goals include reducing reliance on fossil fuels, lowering pollution levels, and encouraging EV manufacturing in India.

3. Incentives: The initiative offers financial incentives to consumers who purchase electric and hybrid vehicles, as well as assistance in building up charging infrastructure.

4. Target Sectors: FAME India focuses on a variety of segments, including two- and three-wheelers, passenger cars, and buses, with the goal of increasing EV adoption in all categories.

5. Charging Infrastructure: A large portion of FAME II is focused on creating a comprehensive charging network across the country to handle the growing number of EVs.

6. Budget: FAME II has a budget of ₹10,000 crore (roughly $1.4 billion) for three years to achieve its objectives.

7. Impact: The initiative has resulted in a significant increase in EV sales in India and pushed manufacturers to invest in electric transportation.

8. Partnerships: The initiative promotes collaboration among government, business, and research institutions in order to boost innovation and growth in the electric vehicle sector.

FAME India is an important player in India’s transition to sustainable mobility, striving to build a better environment and encourage economic growth through clean technology.