+
FAME III Scheme Completion Nears
ECONOMY & POLICY

FAME III Scheme Completion Nears

The FAME III scheme, aimed at boosting electric vehicle adoption in India, is nearing completion. However, the exact timeline for its finalization remains to be announced by the Union Minister. This scheme is a crucial component of India's strategy to enhance sustainable transportation and reduce emissions.

The Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME) III scheme is designed to provide incentives for the adoption of electric vehicles (EVs) and charging infrastructure. It builds on the success of previous phases by extending support for EV manufacturing and infrastructure development.

Although the scheme's completion is imminent, details regarding its final implementation schedule are still being finalized. The Union Minister's announcement on the timeline is eagerly awaited by industry stakeholders and consumers who are keen to benefit from the incentives and support provided under FAME III.

The scheme is expected to play a significant role in advancing India's green mobility goals and supporting the country's transition to cleaner transportation options. It is part of a broader initiative to reduce the environmental impact of the automotive sector and promote sustainable practices.

Overall, the nearing completion of the FAME III scheme represents a key step forward in India's commitment to enhancing electric mobility and supporting the growth of the green transportation sector.

The FAME III scheme, aimed at boosting electric vehicle adoption in India, is nearing completion. However, the exact timeline for its finalization remains to be announced by the Union Minister. This scheme is a crucial component of India's strategy to enhance sustainable transportation and reduce emissions. The Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME) III scheme is designed to provide incentives for the adoption of electric vehicles (EVs) and charging infrastructure. It builds on the success of previous phases by extending support for EV manufacturing and infrastructure development. Although the scheme's completion is imminent, details regarding its final implementation schedule are still being finalized. The Union Minister's announcement on the timeline is eagerly awaited by industry stakeholders and consumers who are keen to benefit from the incentives and support provided under FAME III. The scheme is expected to play a significant role in advancing India's green mobility goals and supporting the country's transition to cleaner transportation options. It is part of a broader initiative to reduce the environmental impact of the automotive sector and promote sustainable practices. Overall, the nearing completion of the FAME III scheme represents a key step forward in India's commitment to enhancing electric mobility and supporting the growth of the green transportation sector.

Next Story
Building Material

Viva ACP Launches Experience Centre in Nashik

Viva ACP, one of Asia’s leading manufacturers of Metal Composite Panels (MCP), has unveiled a new state-of-the-art Experience Centre in Nashik. Situated at Plot No. 10, Kathe Industrial Estate, Tigrania Road, Dwarka, the centre aims to make Viva’s premium cladding solutions more accessible to architects, developers, and design professionals in Western India. The centre was formally inaugurated by Prakash Jain, Chairman and Managing Director, Viva Composite Panel, along with Nitin Jain and Mayank Jain, Directors at the company. Conceptualised as an interactive and immersive space,..

Next Story
Technology

Hikrobot Launches HDMI Video Micro System in India

India, July 2025: Hikrobot has introduced its HDMI Video Micro System in the Indian market, offering a plug-and-play imaging solution that combines 2K high-definition clarity, real-time streaming, and portability. The system is designed for professionals in sectors such as industrial inspection, medical research, forensic science, education, and precision manufacturing. Unlike traditional imaging setups that require external PCs and complex software, the Hikrobot HDMI Video Micro System provides direct output to an HDMI display, eliminating setup complications and improving usability.&nbs..

Next Story
Real Estate

Stone Wood Hotels Appoints Shishir Kumar Jena as CFO

Stone Wood Hotels & Resorts has announced the appointment of Shishir Kumar Jena as Chief Financial Officer. This key leadership move aligns with the boutique hospitality group’s ongoing national expansion. Shishir Kumar Jena brings over 32 years of experience in hospitality finance, having held senior positions with renowned brands such as Acron, Radisson, and Fortune Inn Exotica. His expertise spans financial strategy, operational efficiency, revenue optimisation, and aligning financial performance with guest satisfaction. Throughout his career, Jena has maintained a consisten..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?