Phased Manufacturing Programme

The Ministry of Heavy Industries (MHI) through the Phased Manufacturing Programme (PMP) is looking to promote the indigenous manufacture of Electric vehicles (EVs). This extends to assemblies, subassemblies, and parts, sub-parts, inputs of subassemblies. It is understood that a graded duty structure will be crucial to attaining this objective in a phase-wise manner. PMP for hybrid/ electric vehicles (xEV) parts will help firm up an effective date for the indigenousness of xEV parts. The incentives will be availed under FAME-II. Under the FAME-II programme, an estimated 2.31 lakh EVs have been supported till February 01, 2022. This is by way of the demand incentive estimated to be valued at Rs.827 crore.