We, at FADA, welcome the Government’s proactive decision to enhance the outlay of the FAME India Scheme Phase II from ₹10,000 crore to ₹11,500 crore. This significant increase not only underscores the Government's commitment to clean mobility but also instills confidence in the ecosystem, including manufacturers, dealers and most importantly, consumers. The revised subsidies for e-2Ws, e-3Ws, e-4Ws and the special focus on e-Buses and EV charging infrastructure are pivotal steps towards creating a sustainable and vibrant electric vehicle ecosystem in India.
As the president of FADA, I assure that our dealer members are more energised than ever to contribute to this clean mobility drive. We are committed to working hand-in-hand with the government to ensure that the benefits of these incentives reach the consumers effectively and to facilitate the transition towards electric vehicles.
The extension of this scheme once again show’s government's foresight and its dedication to achieving environmental sustainability. We look forward to continued support and policies that will further boost EV adoption across the country, making India a leader in the global EV space.
Manish Raj Singhania - President FADA