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 Opens 24×7 Helpline in Delhi for State Residents Affected by Nepal Flash Flood

Bhubaneswar: In a move to support Odisha residents who may have been caught up in…

7 hours ago

Odisha Steps Up Efforts to Turn Deras Seafood Park into Export Hub

Bhubaneswar: Odisha is stepping up efforts to turn Deras into a major centre for seafood…

7 hours ago

Women to Get Free Ama Bus Travel Across Odisha on Raksha Bandhan

Bhubaneswar: Women passengers will be able to travel free of cost on Ama Bus services…

8 hours ago

Odisha Flood Situation Under Control, 80,284 People Affected in Three Districts

Bhubaneswar, August 26: The overall flood and rainfall situation in Odisha remains under control, although…

8 hours ago

India Name Senior Men’s and Women’s Squads for Asia Rugby Emirates Sevens Series 2026

New Delhi/Bhubaneswar: India’s senior men’s and women’s rugby sevens teams will begin their campaign in…

8 hours ago

PM Modi Briefed on SUBHADRA 5th Instalment Ahead of August 28 Release

New Delhi/Bhubaneswar: Odisha Deputy Chief Minister and Women & Child Development Minister Pravati Parida on…

1 day ago