In order to capitalise on India's potential to rise to global eminence in the field of automotive R&D, design innovation, technical domain expertise and proactive policy formulation, the National Automotive Board has been constituted as per approval of the Cabinet in October 2012 and was registered under the Registration of Societies Act in August 2013. This organisation will provide a single platform for dealing with all matters relating to the automotive sector especially on matters pertaining to testing, certification, homologation, administering the automotive labs etc. being set up under NATRIP.
NAB shall be the operating agency for the implementation of FAME India Scheme including disbursement of funds for the various components. Accordingly, an On Line Demand Incentive Delivery Mechanism (DIDM) is in place for release of demand incentives to OEMs as per details available in www.fame-india.gov.in.