NEMMPThe National Electric Mobility Mission Plan 2020 is one of the most important and ambitious initiatives undertaken by the Government of India that has the potential to bring about a transformational paradigm shift in the automotive and transportation industry in the country. This is a culmination of a comprehensive collaborative planning for promotion of hybrid and electric mobility in India through a combination of policies aimed at gradually ensuring a vehicle population of about 6-7 million electric/hybrid vehicles in India by the year 2020 along with a certain level of indigenisation of technology ensuring India’s global leadership in some vehicle segments.
It is a composite scheme using different policy-levers such as:
The 2020 roadmap estimates a cumulative outlay of about Rs.14000 cr. during the span of the scheme, including industry contribution. After the launch of NEMMP-2020 in January 2013 by the Prime Minister of India, a concrete policy proposal with financial road map has now been prepared so that appropriate policy and financial support in the form of approval of the government as a plan scheme and budgetary provisions under plan or non-plan heads are in place for the timely launch of the scheme in 2015-16 itself to ensure that efforts to provide a clean and gasoline free transportation option to the people in a significant manner become a reality and our oil import burden is also reduced eventually.