Major OEMs Under Scrutiny: FAME India Scheme Phase-II Revelations

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Seven top electronics OEMs were found violating PMP norms; Four to refund for pricing breaches.

In a recent announcement, the Ministry of Heavy Industries (MHI) highlighted serious issues with 17 leading Original Equipment Manufacturers (OEMs) under the FAME India Scheme Phase-II. This emerging scenario might reshape how business decision-makers view compliance and ethical pricing in the electronics manufacturing sector.

Over the span of the last 18 months, MHI was bombarded with complaints against a staggering 17 OEMs. The primary concerns are PMP compliance and breaches of ex-factory prices. In light of these, incentive payments to some of these manufacturers were swiftly halted to facilitate thorough investigations.

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Taking the matter gravely, MHI took two primary actions:
  1. MHI immediately withheld demand incentives for these OEMsMHI immediately withheld demand incentives for these OEMs
  2. The ministry swiftly turned to its trusted testing agencies to get an unbiased and detailed examination.

Post-examination, the results were mixed. A reassuring six OEMs were found to be fully PMP compliant. However, an alarming seven were caught red-handed, violating PMP norms. On the brighter side, showing responsibility, four OEMs voluntarily agreed to refund customers and EV purchasers for the breaches in ex-factory pricing.

Krishan Pal Gurjar, the Minister of State for Heavy Industries, divulged these findings in a written statement in the Lok Sabha. His candidness on the issue exemplifies the transparency and seriousness with which such matters are approached in the electronics design and manufacturing industry.


 

This article is Assisted by ChatGPT

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