June 2, 2025 2:55 PM
Centre notifies guidelines for electric passenger vehicle manufacturing scheme
The Centre on Monday issued detailed guidelines for a new scheme aimed at promoting domestic manufacturing of electric passenger vehicles, marking a key step in its broader push for green mobility and sustainable industrial development. The "Scheme to Promote Manufacturing of Electric Passenger Cars in India" (SPMEPCI), notified by the Ministry of Heavy Industries (MHI), is intended to attract global investments in India’s electric vehicle (EV) sector while strengthening the country’s positi...