Headlines

Centre Launches Application Portal for Electric Passenger Car Manufacturing Scheme

New Delhi: The Ministry of Heavy Industries (MHI) has officially launched the application portal for the Scheme to Promote Manufacturing of Electric Passenger Cars in India (SPMEPCI), marking a significant milestone in the country’s green mobility mission. The online portal—spmepci.heavyindustries.gov.in—will remain open for applications from 10:30 AM on June 24, 2025, until 6:00 PM on October 21, 2025.

The scheme, originally notified on March 15, 2024, and further detailed through guidelines issued via Notification No. S.O. 2450(E) dated June 2, 2025, aims to position India as a global leader in electric vehicle (EV) manufacturing by incentivizing large-scale investments from international and domestic automotive players.

Union Minister for Heavy Industries Shri H.D. Kumaraswamy, while inaugurating the portal, described the initiative as a transformative step toward clean and self-reliant mobility. “Under the visionary leadership of Prime Minister Shri Narendra Modi, this scheme is a defining moment for India’s journey toward Net Zero by 2070. It not only encourages investments but also supports our ‘Make in India’ and ‘Aatmanirbhar Bharat’ goals, reaffirming India’s place on the global map for automotive innovation,” he said.

The SPMEPCI scheme offers a compelling framework for investment by allowing approved applicants to import completely built-up electric four-wheelers (CBUs) with a minimum CIF value of USD 35,000 at a reduced customs duty of 15% for a five-year period from the date of approval. In return, applicants must commit to a minimum investment of ₹4,150 crore and adhere to strict domestic value addition (DVA) targets.

By creating an enabling policy environment, the government aims to attract global EV manufacturers while simultaneously strengthening indigenous capabilities through phased manufacturing programs. The scheme is also expected to generate employment opportunities and catalyse growth across the EV supply chain.

Both the notification and detailed guidelines for the scheme are available on the Ministry of Heavy Industries’ official website: https://heavyindustries.gov.in/scheme-promote-manufacturing-electric-passenger-cars-india-0.

Bureau The News Hashtag

Recent Posts

Odisha Charts 20-Year Mobility Roadmap For BCPPER Growth Corridor

Bhubaneswar: Odisha has intensified efforts to develop an integrated and future-ready transport network for its…

14 hours ago

Odisha Focuses On Market-Linked Construction Material Rates For Public Projects

Bhubaneswar: The Odisha Government has initiated steps to streamline the fixation of construction material prices…

14 hours ago

Electoral Roll Revision Drive Kicks Off In Odisha, Over 2.59 Lakh Forms Distributed

Bhubaneswar: The process of updating Odisha’s electoral rolls gained momentum on Sunday with the commencement…

14 hours ago

Special Camp Court Clears 142 Pending Urban Governance Appeals In Bhubaneswar

Bhubaneswar: In a move aimed at reducing pendency in urban governance-related cases and ensuring quicker…

14 hours ago

Odisha Govt Grants Rs 1.08 Crore For Sital Sasthi Celebrations In Sambalpur

Bhubaneswar: Reaffirming its commitment to the preservation and promotion of Odisha’s cultural heritage, the State…

14 hours ago

Odisha Signs MoU With Intel, 3DGS For Advanced Semiconductor Substrate Project

Bhubaneswar/New Delhi: Odisha has received a major boost in its efforts to emerge as a…

2 days ago