Ministry of Heavy Industries Hosts Landmark Event at Bharat Mandapam
The Ministry of Heavy Industries recently held a significant event titled “FAME’s Success in Transforming India’s EV Landscape: From Vision to Reality” at Bharat Mandapam, New Delhi. This event was a testament to the government’s unwavering commitment to advancing sustainable transportation and reducing carbon emissions. The Union Minister of Heavy Industries & Steel, Shri H.D. Kumaraswamy, alongside Secretary of the Ministry of Heavy Industries, Shri Kamran Rizvi, and other senior officials, celebrated the achievements of the FAME scheme.
Celebrating the Achievements of the FAME Scheme
The FAME (Faster Adoption and Manufacturing of Hybrid and Electric Vehicles) scheme has been a cornerstone in driving India’s electric vehicle (EV) revolution. Launched with the vision of reducing carbon emissions and promoting green technology, the scheme has made remarkable strides since its inception.
At the event, Union Minister Shri H.D. Kumaraswamy highlighted the success of FAME II, stating, “The exemplary vision of our Prime Minister, who has set the ambitious goal of achieving net zero emissions by 2070, has been pivotal. The FAME scheme exemplifies our commitment to advancing sustainable transportation and building a greener, more technologically advanced future for India.”
He further emphasized the importance of continued innovation and investment, asserting, “With the strong foundation laid by FAME, we are well-positioned to lead the global electric mobility transformation.”
Key Achievements Under FAME II
FAME II has seen substantial progress in transforming India’s EV landscape. Here are some key highlights of the scheme’s achievements from April 1, 2019, to August 31, 2024:
- Electric Two-Wheelers (e-2W): 14,32,450 units with a budget of ₹4,924 crore.
- Electric Three-Wheelers (e-3W): 1,65,806 units with a budget of ₹1,116 crore.
- Electric Four-Wheelers (e-4W): 22,637 units with a budget of ₹537 crore.
- Electric Buses: 6,862 units with a budget of ₹3,009 crore.
- Public Charging Stations: ₹913 crore allocated for 10,763 stations.
- Total Fuel Saved: 4.29 crore litres.
- Total CO2 Emission Reduction: 1.2 lakh tonnes.
These numbers underscore the significant impact of FAME II on India’s EV ecosystem, showcasing advancements in green mobility and substantial environmental benefits.
Introduction of the PM E-DRIVE Scheme
In alignment with the government’s vision of enhancing EV adoption, the newly approved PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) Scheme aims to further accelerate the transition to electric mobility. This initiative focuses on providing substantial upfront incentives and developing essential charging infrastructure, reinforcing the country’s commitment to reducing its environmental footprint and improving air quality.
Key Objectives of PM E-DRIVE Scheme:
- Accelerate EV Adoption: By offering significant incentives and subsidies.
- Develop Charging Infrastructure: Establish a robust network of charging stations.
- Promote Local Manufacturing: Boost the growth of the domestic EV manufacturing industry.
- Support Sustainable Practices: Align with India’s green goals for a cleaner environment.
Secretary Shri Kamran Rizvi praised the efforts of industry leaders who have contributed to the success of FAME II. He noted that FAME II has not only presented challenges but also enabled significant advancements in achieving domestic value addition in the EV sector.
FAME’s Role in Advancing India’s EV Ecosystem
The FAME scheme has played a crucial role in shaping India’s EV landscape. It has facilitated the adoption of eco-friendly transportation options and has been instrumental in promoting technological advancements in the sector. By bridging the gap between government policy and industry innovation, FAME has set a benchmark for future initiatives.
Impact of FAME on India’s EV Landscape:
- Enhanced Technological Development: The scheme has driven innovation in EV technology and infrastructure.
- Economic Benefits: By saving fuel and reducing emissions, FAME has contributed to economic and environmental benefits.
- Industry Growth: The scheme has spurred growth in the EV industry, creating jobs and boosting local manufacturing.
Future Directions and Goals
The ongoing commitment to EV adoption and sustainable transportation is evident in the continued support for initiatives like FAME and the PM E-DRIVE Scheme. The Indian government’s strategic approach aims to ensure that the country remains at the forefront of the global electric mobility revolution.
Future Goals:
- Achieve Net Zero Emissions: In line with the Prime Minister’s vision for 2070.
- Expand EV Adoption: Increase the number of electric vehicles on the road.
- Enhance Infrastructure: Develop more charging stations and support facilities.
- Foster Innovation: Continue to drive technological advancements in the EV sector.
Conclusion
The FAME scheme has been a transformative force in India’s journey towards a greener and more sustainable future. With the successful implementation of FAME II and the introduction of the PM E-DRIVE Scheme, India is well-positioned to lead the global electric mobility movement. The government’s unwavering commitment, coupled with industry collaboration, will ensure that India remains a pioneer in the EV sector.
With inputs from Press Information Bureau.
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