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Home » India Rolls Out Red Carpet for Global EV Giants with SPMEPCI Launch

India Rolls Out Red Carpet for Global EV Giants with SPMEPCI Launch

Itishree Sethy by Itishree Sethy
June 24, 2025
in Tech
Reading Time: 2 mins read
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India EV manufacturing policy
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VIEWS

The Government of India has launched the application portal for the Scheme to Promote Manufacturing of Electric Passenger Cars in India (SPMEPCI).


The scheme aims to attract global electric vehicle (EV) giants while enhancing domestic innovation and employment.

The portal—accessible at —is open from June 24, 2025, 10:30 a.m., and will accept applications until October 21, 2025, 6:00 p.m.

Strategic Framework with Global Appeal:

Under this scheme, global EV manufacturers can invest in India and benefit from a reduced customs duty rate of 15% on high-end Completely Built Units (CBUs) with a minimum CIF value of USD 35,000. The benefits span five years from the date of application approval.

A minimum investment of Rs 4,150 crore is required to qualify, along with commitments toward domestic value addition (DVA)—ensuring a robust ‘Make in India’ push alongside access to cutting-edge EV technologies.

Vision for Sustainable, Self-Reliant Transport:

“This initiative marks a defining moment in India’s clean mobility journey,” said Union Minister Shri H.D. Kumaraswamy during the portal’s launch. “Guided by the leadership of Prime Minister Narendra Modi, it strengthens Aatmanirbhar Bharat, creates high-value jobs, and brings global manufacturing to India’s shores.”

The scheme aligns with India’s Net Zero by 2070 target and is set to redefine the automotive landscape with cleaner, smarter, and self-reliant mobility solutions.

Empowering Domestic Value Chains:

The policy strategically mandates DVA milestones to foster domestic capabilities and localisation. It promises to build a resilient EV ecosystem through innovation, job creation, and long-term global-local collaborations.

Portal Live – Applications Welcome:

Eligible applicants can now apply through the official portal. Detailed guidelines and notifications are available at .

Tags: Automotive policyClean transportElectric carsEV manufacturingGlobal EV marketgreen mobilityIndia investmentMake in IndiaNet Zero IndiaSPMEPCI
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