India opens EV manufacturing scheme portal to attract global players

The Ministry of Heavy Industries (MHI) has launched the application portal under the Scheme to Promote Manufacturing of Electric Passenger Cars in India (SPMEPCI). 

The scheme is aimed at attracting global electric vehicle (EV) manufacturers while strengthening domestic EV production. The portal will accept applications from 24 June 2025 to 21 October 2025.  

Approved applicants will be required to invest at least Rs 41.50 billion and will be allowed to import completely built electric four-wheelers (CBUs) valued at a minimum of USD 35,000. These imports will be permitted at a reduced customs duty rate of 15% for five years.

The scheme is expected to generate employment, accelerate the adoption of clean mobility solutions, and create a long-term manufacturing base for EVs in the country.