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India opens doors to global EV giants with portal launch under SPMEPCI
Jun-25-2025

The Ministry of Heavy Industries (MHI) has launched the application portal for the Scheme to Promote Manufacturing of Electric Passenger Cars in India (SPMEPCI), opening the doors for global electric vehicle (EV) giants to invest and manufacture in India. This initiative also marks a defining moment in India’s journey towards clean, self-reliant, and future-ready mobility. To encourage the global manufacturers to invest under the Scheme, the approved applicants will be allowed to import Completely Built-in Units (CBUs) of e-4W with a minimum CIF value of $35,000 at reduced customs duty of 15% for a period of 5 years from the application approval date. Approved applicants would be required to make minimum investment of Rs 4,150 crore in line with the provisions of the scheme.

Earlier, the Government of India has approved this forward-looking scheme to promote the domestic manufacture of passenger cars, with a special focus on electric vehicles. It is designed to firmly establish India as a premier global destination for automotive manufacturing and innovation. This scheme not only supports the national commitment to achieving Net Zero by 2070, but also reinforces resolve to build a sustainable, innovation-driven economy. It strengthens the pillars of ‘Make in India’ and ‘Aatmanirbhar Bharat’, and positions India as a trusted global hub for next-generation automotive manufacturing and technology leadership.

The scheme is strategically crafted to position India as a global hub for electric vehicle manufacturing. With a minimum investment threshold of Rs 4,150 crore, it provides an enabling policy environment for leading global and domestic players to establish long-term manufacturing footprints in the country. Through calibrated customs duty concessions and clearly defined domestic value addition (DVA) milestones, the scheme strikes a balance between introducing cutting-edge EV technologies and nurturing indigenous capabilities.


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