MHI Launches Portal under SPMEPCI to Push for Domestic Manufacturing of EV Passenger Cars
The Ministry of Heavy Industries (MHI) has launched the application portal for the Scheme to Promote Manufacturing of Electric Passenger Cars in India (SPMEPCI), inviting global and domestic players to invest a minimum of INR 4,150 crore and help position India as a premier hub for electric vehicle manufacturing.
June 25, 2025. By Mrinmoy Dey
Eligible applicants apply through the application module at spmepci.heavyindustries.gov.in. The application portal will be open from June 24 to October 21, 2025.
The scheme, notified in March 2024, aims to promote the domestic manufacture of passenger cars, with a special focus on electric vehicles (EVs). It is designed to firmly establish India as a premier global destination for automotive manufacturing and innovation. Approved applicants would be required to make a minimum investment of INR 4,150 crores in line with the provisions of the scheme.
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 USD 35,000 at reduced customs duty of 15 percent for a period of 5 years from the Application Approval Date.
During the launch of the portal, Union Minister H.D. Kumaraswamy said, “Guided by the visionary leadership of Prime Minister Narendra Modi, this initiative marks a defining moment in India’s journey towards clean, self-reliant, and future-ready mobility. The launch of this portal under the SPMEPCI scheme opens new avenues for global electric vehicle manufacturers to invest in India’s rapidly evolving automotive landscape.”
He further added that this scheme not only supports India’s commitment to achieving Net Zero by 2070 but also reinforces the nation’s 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,” he said.
The Scheme shall help to attract investments from global EV manufacturers and promote India as a manufacturing destination for e-vehicles. The Scheme will also help put India on the global map for manufacturing of EVs, generate employment and achieve the goal of “Make in India”.
The scheme is strategically crafted to position India as a global hub for electric vehicle manufacturing. With a minimum investment threshold of INR 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,” said the Ministry of Heavy Industries in a statement.
It further added that by mandating domestic value addition targets, the scheme will further boost the ‘Make in India’ and ‘Aatmanirbhar Bharat’ initiatives, while empowering both global and domestic companies to become active partners in India’s green mobility revolution.
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