+
India Opens EV Car Manufacturing Scheme Application Portal
ECONOMY & POLICY

India Opens EV Car Manufacturing Scheme Application Portal

The Ministry of Heavy Industries (MHI) has launched the application portal for the Scheme to Promote Manufacturing of Electric Passenger Cars in India (SPMEPCI), inviting eligible applicants to participate in India’s ambitious electric vehicle (EV) manufacturing initiative. The application window will remain open from 24 June 2025 at 10:30 a.m. to 21 October 2025 at 6:00 p.m. via spmepci.heavyindustries.gov.in.
The Rs 41.5 billion scheme, approved by the Government of India under the leadership of Prime Minister Narendra Modi, aims to attract investments from global EV manufacturers, drive innovation, and firmly position India as a global hub for electric four-wheeler production.
Investment incentives and policy support
To encourage investment, approved applicants will be permitted to import Completely Built Units (CBUs) of electric four-wheelers with a minimum CIF value of USD 35,000 at a reduced customs duty of 15 per cent for five years. However, participating firms must commit to a minimum investment of Rs 41.5 billion and meet clearly defined Domestic Value Addition (DVA) milestones over the project lifecycle.
Union Minister H.D. Kumaraswamy said the scheme is “a defining moment in India’s clean, self-reliant and future-ready mobility journey,” aligning with the country’s Net Zero by 2070 targets while supporting the ‘Make in India’ and ‘Aatmanirbhar Bharat’ initiatives.
Long-term goals
The SPMEPCI scheme offers a calibrated blend of policy incentives and localisation mandates to foster sustainable, high-tech manufacturing in the EV space. It is designed to boost employment, strengthen India’s industrial base, and reduce dependency on fossil fuel-driven transport systems.

The Ministry of Heavy Industries (MHI) has launched the application portal for the Scheme to Promote Manufacturing of Electric Passenger Cars in India (SPMEPCI), inviting eligible applicants to participate in India’s ambitious electric vehicle (EV) manufacturing initiative. The application window will remain open from 24 June 2025 at 10:30 a.m. to 21 October 2025 at 6:00 p.m. via spmepci.heavyindustries.gov.in.The Rs 41.5 billion scheme, approved by the Government of India under the leadership of Prime Minister Narendra Modi, aims to attract investments from global EV manufacturers, drive innovation, and firmly position India as a global hub for electric four-wheeler production.Investment incentives and policy supportTo encourage investment, approved applicants will be permitted to import Completely Built Units (CBUs) of electric four-wheelers with a minimum CIF value of USD 35,000 at a reduced customs duty of 15 per cent for five years. However, participating firms must commit to a minimum investment of Rs 41.5 billion and meet clearly defined Domestic Value Addition (DVA) milestones over the project lifecycle.Union Minister H.D. Kumaraswamy said the scheme is “a defining moment in India’s clean, self-reliant and future-ready mobility journey,” aligning with the country’s Net Zero by 2070 targets while supporting the ‘Make in India’ and ‘Aatmanirbhar Bharat’ initiatives.Long-term goalsThe SPMEPCI scheme offers a calibrated blend of policy incentives and localisation mandates to foster sustainable, high-tech manufacturing in the EV space. It is designed to boost employment, strengthen India’s industrial base, and reduce dependency on fossil fuel-driven transport systems.

Next Story
Infrastructure Urban

Naidu Seeks Rs 563 Crore For AP Sports Infrastructure

Andhra Pradesh Chief Minister N Chandrababu Naidu has sought Rs 563 crore from the Centre to boost sports infrastructure in the state, including Rs 538 crore for stadium development and Rs 25 crore to host the Khelo India Martial Arts Games 2025. Naidu made the request during a meeting with Union Youth Services and Sports Minister Mansukh Mandaviya in New Delhi on Wednesday.The CM urged early completion of Khelo India infrastructure projects in Tirupati, Rajahmundry, Kakinada, and Narasaraopeta, and called for an international-standard badminton training centre and a national aquatic sports hu..

Next Story
Infrastructure Transport

Tough Bidding Norms Slow NHAI Road Project Awards

Stringent bidding rules imposed by the Ministry of Road Transport & Highways (MoRTH) have led to a slowdown in project awards by the National Highways Authority of India (NHAI), despite a robust Rs 3.5 trillion pipeline. According to an HDFC Securities report, the shift to more cautious developer models now favours firms with strong balance sheets, as tighter qualification norms limit aggressive bidders.The revised norms mandate additional performance security, targeting the exclusion of players that previously submitted low bids—often 25 to 40 per cent below NHAI cost estimates—raisin..

Next Story
Infrastructure Transport

Mumbai Gets Coastal Nod for Next Promenade Phase

As Mumbai prepares to open two major sections of its expansive seafront promenade this week, the city’s civic authority has secured a key coastal clearance to advance further construction. The Maharashtra Coastal Zone Management Authority (MCZMA) has approved the commencement of work on the segment between Haji Ali and Baroda Palace, with tendering expected soon after project cost assessments.The promenade, stretching 7.5 km in length and 20 metres wide, is being designed as a flagship open space for walkers, joggers, and cyclists. Two critical stretches—2.75 km from Tata Garden to Haji Al..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?