Under the FAME-II scheme, demand incentives were provided consumers (buyers/end users)in the form of an upfront reduction in the purchase price of hybrid and electric vehicles, whichfacilitated wider adoption. These incentives were reimbursed to the original equipmentmanufacturers (OEMs, i.e., EV manufacturers) by the Government of India.  Demand incentive of Rs.6,559 crore were reimbursed to OEMs under the FAME-II Scheme which ended on 31/03/2024.

As per information from Oil Marketing Companies (IOCL, BPCL and HPCL), the number of EV charging stations sanctioned and installed in Karnataka under FAME-II Scheme is 751.

The FAME-II scheme resulted in a substantial increase in market penetration with EV adoption level rising from 0.71% in FY 2019-20 to 7.50% in FY 2024-25.This scheme supported the sale of 16,71,606 electric vehicles (as of March 31, 2025) and sanctioned 6,862 e-buses for deployment. FAME-II also strengthened domestic manufacturing through the mandatory Phased Manufacturing Programme (PMP), which required progressive localization of key EV components. This resulted in the expansion of the domestic EV ecosystem, increased investments in manufacturing and the development of a robust local supply chain. Collectively, these initiatives contributed to indirect and direct employment generation as well.

This information was given by the Minister of State for Heavy Industries, Shri Bhupathiraju Srinivasa Varma in a written reply in the Rajya Sabha today.

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TPJ/NJ

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