Home India Ministry of Heavy Industries Objectives and Provisions Of Scheme To Promote Manufacturin...
Date: 2026-07-24 Category: Not Applicable State: Union Government Country: India

Objectives and Provisions Of Scheme To Promote Manufacturing Of Electric Passenger Cars In India

Issued by Ministry of Heavy Industries · Not Applicable

Research with AI Agent Chat with Document Generate Summary Translate Helpful Share Add to Project Create Task
Official Source Record View Original Source →
See Full Document Text
GOVERNMENT OF INDIA MINISTRY OF HEAVY INDUSTRIES RAJYA SABHA UNSTARRED QUESTION NO. 739 ANSWERED ON 24.07.2026 OBJECTIVES AND PROVISIONS OF SCHEME TO PROMOTE MANUFACTURING OF ELECTRIC PASSENGER CARS IN INDIA 739. SHRI RAMRAO SAKHARAM WADKUTE: SMT. SEEMA DWIVEDI: SHRI SHAMBHU SHARAN PATEL: SHRI RAJESH PARMANAND SHUKLA: DR. KAVITA PATIDAR: DR. KALPANA SAINI: SHRI BABUBHAI JESANGBHAI DESAI: SHRI NARESH BANSAL: SHRI ASHOKRAO SHANKARRAO CHAVAN: DR. MEDHA VISHRAM KULKARNI: SHRI LAHAR SINGH SIROYA: Will the Minister of Heavy Industries be pleased to state: (a) the objectives and salient provisions of the Scheme to Promote Manufacturing of Electric Passenger Cars in India (SPMEPCI), particularly in the context of attracting investment and promoting domestic manufacturing; (b) whether the scheme has a provision for the localization of manufacturing and transfer of technology, if so, the details thereof; (c) the details of the proposed investment, manufacturing capacity, and employment generation under the scheme; and (d) the framework for the implementation of the scheme, including the role of the Central Government and the participating manufacturers? ANSWER THE MINISTER OF STATE FOR HEAVY INDUSTRIES (SHRI BHUPATHIRAJU SRINIVASA VARMA) (a) & (b): Scheme to Promote Manufacturing of Electric Passenger Cars in India (SPMEPCI) was notified on 15.03.2024 to attract investments (incl transfer of technology) from global electric passenger car manufacturers and promote India as a manufacturing destination for electric passenger cars. Under the scheme, approved applicant have to setup e-4W manufacturing facilities in India with a minimum investment of Rs. 4,150 cr and achieve Domestic Value Addition of 25% by 3rd year & 50% DVA by 5th year from the date of approval. (c) & (d): For implementation of SPMEPCI, detailed guidelines supplementary to the provisions specified in SPMEPCI notification dated 15.03.2024 were issued on 02.06.2025. As per para- 9 of scheme notification, an inter-ministerial Scheme Sanctioning Committee is responsible for sanctioning, overall monitoring and implementation of the Scheme. Regarding proposed investment, no applications have been received under the scheme. *******

Continue your research