Scheme to Promote Manufacturing of Electric Passenger Cars in India (SPMEPCI)

Ministry of Heavy Industries issued detailed guidelines on 2 June 2025 for the SPMEPCI scheme to attract global EV manufacturers to India. Key Points: • Scheme notified: 15 March 2024; Guidelines issued: 2 June 2025 • Minimum investment commitment: Rs 4,150 crore within 3 years • Reduced customs duty of 15% on CBU electric 4-wheelers for 5 years • Minimum CIF value of imported EVs: USD 35,000 • Eligibility: Global auto group revenue >= Rs 10,000 crore • Global fixed asset investment >= Rs 3,000 crore • Application portal opened: 24 June 2025 (spmepci.heavyindustries.gov.in) • Mandated milestones for domestic value addition • Supports Make in India and Aatmanirbhar Bharat

भारी उद्योग मंत्रालय ने 2 जून 2025 को SPMEPCI योजना के विस्तृत दिशानिर्देश जारी किए ताकि वैश्विक EV निर्माताओं को भारत में आकर्षित किया जा सके। मुख्य बिंदु: • योजना अधिसूचित: 15 मार्च 2024; दिशानिर्देश: 2 जून 2025 • न्यूनतम निवेश: ₹4,150 करोड़ (3 वर्ष में) • CBU इलेक्ट्रिक 4-व्हीलर पर 15% रियायती सीमा शुल्क (5 वर्ष) • आयातित EV का न्यूनतम CIF मूल्य: USD 35,000 • पात्रता: वैश्विक ऑटो समूह राजस्व >= ₹10,000 करोड़ • आवेदन पोर्टल: 24 जून 2025 से खुला • मेक इन इंडिया और आत्मनिर्भर भारत को समर्थन

• SPMEPCI scheme notified 15 March 2024 with detailed guidelines issued 2 June 2025 to attract global EV manufacturers to India
• Minimum investment commitment of Rs 4,150 crore within 3 years; reduced customs duty of 15% on CBU electric 4-wheelers for 5 years
• Minimum CIF value of imported EVs: USD 35,000; eligibility requires global auto group revenue of Rs 10,000 crore or more
• Global fixed asset investment requirement of Rs 3,000 crore or more for qualifying manufacturers
• Application portal opened 24 June 2025 at spmepci.heavyindustries.gov.in with mandated milestones for domestic value addition
• Supports Make in India and Aatmanirbhar Bharat objectives; Ministry of Heavy Industries is implementing ministry