The Automotive Component Manufacturers Association of India (ACMA), along with the Society of Indian Automobile Manufacturers (SIAM) and Indian Electrical & Electronics Manufacturers' Association (IEEMA), under the aegis of the Ministry of Heavy Industries & Public Enterprises, hosted the ‘National xEV Localisation Conference & Exhibition’ in New Delhi. The event centred around the FAME–2 scheme, which promotes faster adoption and manufacturing of hybrid and electric vehicles and also the ‘Phased Manufacturing Program’.
At the event, top policymakers and industry experts deliberated upon opportunities and challenges for local manufacturing of xEV components and charging infrastructure. Alongside, more than 40 component manufacturers showcased their latest products in an exhibition.
The summit was attended by Dr Asha Ram Sihag, secretary, Ministry of Heavy Industries and Public Enterprises, Pravin Agarwal, joint secretary, Ministry for Heavy Industries, Kenichi Ayukawa, vice-president, SIAM and MD, Maruti Suzuki India, Ram Venkataramani, president, ACMA, Harish Agarwal, president, IEEMA, Deepak Jain, vice-president, ACMA and several other luminaries.
Speaking on the occasion, chief guest Asha Ram Sihag, Secretary, Ministry for Heavy Industries, said, “We are working on strategies to leverage the participation of all stakeholders, as well as the competitive potential in the market, to scale up the projected volumes under the Fame - 2 scheme. The subsidy is structured to cover almost 20 percent of the cost of electric vehicles and 40 percent for the buses.”
Kenichi Ayukawa, president, SIAM, said, “As an industry, we are enthusiastic and dedicated towards maximum localisation of xEVs and xEV parts.”
Harish Agarwal, president, IEEMA, said “E-mobility and its challenges for localization will be met effectively by combined efforts of automobile manufacturers, component manufacturers and electric equipment and component manufacturers. Dividing lines between lathe, conductor and microchips will blur in this endeavour.”
Appreciating the support provided by the government of India, Ram Venkataramani, president, ACMA said, “The industry had been long awaiting a stable roadmap for electric mobility from the government which could enable the industry in making its own concrete plans in moving forward in this new, uncharted territory. We are indeed very delighted at the focus given towards localisation in Fame-2 with the announcement of the PMP program.”