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Home Manufacturing

FICCI welcomes e-mobility subsidies

Fiinews by Fiinews
December 28, 2017
in Manufacturing, Technology
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Industry sees it as catalysts for adoption of e-vehicles

Appreciating Government’s effort to promote electric mobility in the country, the Federation of Indian Chambers of Commerce and Industry (FICCI) as welcomed the government’s announcement on 28 Dec 2017 for providing subsidies to green-vehicles in 11 cities.

Minister of Heavy Industries and Public Enterprises, Anant Geete, announced that the government is to provide subsidy to 11 cities under FAME India (Faster Adoption and Manufacturing of (Hybrid) and Electric Vehicles) for launching electric buses, taxis and three-wheelers.

“This is a major step forward by the Government and focus on public transportation (buses, taxis, autos) will enhance cleaner public transportation and help create awareness about electric vehicles amongst operators, consumers of public transportation and general public at large,” said Shekar Viswanathan, Chairman, FICCI Taskforce on Electric Vehicle.

“This will catalyse the faster adoption of electric vehicles in the country” said Viswanathan, also Vice Chairman & Whole Time Director, Toyota Kirloskar Motors.

Viswanathan further added that the support of minister to Hybrids is an important indication of a pragmatic technology neutral approach that will help in faster adoption of full range of electric vehicle technologies (xEVs) and their manufacturing in India.

This is critical for reducing fossil fuel imports and lowering pollution, he stressed. fii-news.com

Tags: Federation of Indian Chambers of Commerce and Industry
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