• About us
  • Privacy Policy
  • Disclaimer
  • Contact
Friday, July 18, 2025
Pragativadi I Latest Odisha News in English I Breaking News
  • Epaper
  • Odisha
  • Twin City
  • National
  • World
  • Sports
  • Politics
  • Entertainment
  • Business
  • Tech
  • Lifestyle
No Result
View All Result
  • Epaper
  • Odisha
  • Twin City
  • National
  • World
  • Sports
  • Politics
  • Entertainment
  • Business
  • Tech
  • Lifestyle
No Result
View All Result
Pragativadi I Latest Odisha News in English I Breaking News
No Result
View All Result

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
0 0
0
India EV manufacturing policy
0
SHARES
35
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
Previous Post

PM Modi Honours Centenary of Guru–Gandhi Dialogue, Emphasizes Inclusive India

Next Post

Decomposed Body of Missing Man Found in Sundargarh

Itishree Sethy

Itishree Sethy

Related Posts

Raksha Rajya Mantri DRDO visit
Tech

Raksha Rajya Mantri Reviews Indigenous Missile Advancements at DRDO Hyderabad

July 18, 2025
India’s Missile Might: Prithvi-II, Agni-I, and Akash Prime Ace Crucial Tests
Odisha

India’s Missile Might: Prithvi-II, Agni-I, and Akash Prime Ace Crucial Tests

July 17, 2025
Shubhanshu Shukla ISS
Tech

Shubhanshu Shukla Returns After ISS Mission; PM Modi Hails Milestone Towards Gaganyaan

July 15, 2025
Next Post
Decomposed Body

Decomposed Body of Missing Man Found in Sundargarh

illegal mining in Koira

50 Illegal Mines Exposed in Sundargarh: Vigilance Uncovers Rs 37 Crore Ore Scam

Bolangir tollgate protest violence

Woman Attacked with Sword, Son Shot During Group Clash in Baripada

Follow Us

Recommended

Nandita Das Odisha

Actress-Filmmaker Nandita Das Seeks Govt Support to Promote Odisha’s Art and Tourism Globally

4 weeks ago
Jon Jones retires Tom Aspinall UFC champion

Jon Jones Retires, UFC Crowns Tom Aspinall Undisputed Heavyweight Champion

4 weeks ago
Critics choice awards

Critics’ Choice Awards 2025 full list of nominees: Diljit Dosanjh, Abhishek Bachchan get Best Actor nods

4 months ago
Pahalgam Terror Attack Tribute

IPL 2025: SRH, MI Players to Wear Black Armbands in Tribute to Pahalgam Victims

3 months ago

Instagram

    Please install/update and activate JNews Instagram plugin.

Highlights

India Mandates Full Use of National Emblem with ‘Satyameva Jayate’

POSH Act 2013 Awareness & Women Helpline 181 Display Mandated in Odisha Colleges

World Championship of Legends 2025: Live Streaming, Schedule & Star Players

Over 9 Quintals of Ganja Seized in Boudh, One Detained

Inter Kashi Declared I-League Champion After CAS Overturns AIFF Ruling

India Batter Pratika Rawal Fined, England Penalised for ICC Code Breach

Trending

Odisha CID Nab Scammer in Rs. 1.56 Crore Online Gaming Fraud
Crime

Odisha CID Nab Scammer in Rs. 1.56 Crore Online Gaming Fraud

by Yajati Rout
July 18, 2025
0

In a significant breakthrough, the Odisha Police Criminal Investigation Department (CID), Crime Branch, arrested 45-year-old Lokanath Nag...

Good Governance Practices Conference Bhubaneswar

Good Governance Practices Conference in Bhubaneswar Concludes with Emphasis on Innovation & Citizen-Centric Reforms

July 18, 2025
Sudipta Swain BJP suspension

Sudipta Swain Suspended from BJP Following Arrest Over Harassment Allegations

July 18, 2025
National Emblem of India

India Mandates Full Use of National Emblem with ‘Satyameva Jayate’

July 18, 2025
POSH Act 2013 awareness in Odisha colleges

POSH Act 2013 Awareness & Women Helpline 181 Display Mandated in Odisha Colleges

July 18, 2025
Facebook Twitter Youtube RSS

ABOUT US

News, as it should be covered, has been the forte of Pragativadi over the years. And this has ensured a classy readership encompassing the who’s who of the state. The people who matter in Odisha, depend on Pragativadi. For opinion leaders, decision makers and people with surplus disposable income Pragativadi is a must.

Follow us on social media:

Blog

The Chinese smartphone upstarts taking on Apple and Samsung

by pragativadinewsservice
January 11, 2025
0

Presidential Train Now Available For Jakartans Traveling To Bandung

by pragativadinewsservice
January 10, 2025
0

News Calendar

July 2025
M T W T F S S
 123456
78910111213
14151617181920
21222324252627
28293031  
« Jun    

© 2025 Pragativadi

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Epaper
  • Odisha
  • Twin City
  • Sports
  • Politics
  • Entertainment
  • National
  • World
  • Business
  • Tech
  • Lifestyle
  • Travel

© 2025 Pragativadi