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    Vice-President C. P. Radhakrishnan to Visit Karnataka on June 27–28

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    Supreme Court on Company Law – Compendium of Cases Third Edition – Another Landmark Publication by Aseem Chawla, Senior Advocate.

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    Airbus signs Memorandum of Understanding to explore Japanese anti-submarine variant of the Eurodrone.

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    WellSpan Health and Philips Announce Landmark Strategic Alliance, Accelerating Innovation and Research Across Central Pennsylvania and Northern Maryland

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    Yamaha Music India Launches EAD50 With Acclaimed Drummer Ranjit Barot As Yamaha Artist.

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    Air India introduces ‘basic’ fare option, expanding customer choice in economy class on domestic travel.

    Samsung Announces World-First Breakthrough in Fainting Prediction With Galaxy Watch.

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    PHOTO CREDIT-Nestlé’

    KitKat breaks through at Cannes Lions, wins Grand Prix for ‘The KitKat Heist’.

    Airbus signs Memorandum of Understanding to explore Japanese anti-submarine variant of the Eurodrone.

    “Summer Davos” Concludes in Dalian with Call to Scale Innovation Into Growth, Jobs and Competitiveness.

    PMJ Jewels Inaugurates Landmark Showroom in Frisco, Dallas

    UBS and Nethermind Complete Compliance Proofs of Concept on Ethereum.

    KPMG Australia announces leadership changes and governance overhaul to rebuild trust .

  • National
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    Vice-President C. P. Radhakrishnan to Visit Karnataka on June 27–28

    Jungle Safari (Park Excursion) at Bandipur and Nagarahole to Be Fully Reopened.

    Movate and MelodyArc Announce Applied AI Partnership to Transform CX Operations with AI-Powered Workflow Orchestration

    Shivakumar tells Bengaluru Golf Club to develop another golf course in city.

    Supreme Court on Company Law – Compendium of Cases Third Edition – Another Landmark Publication by Aseem Chawla, Senior Advocate.

    Yamaha Music India Launches EAD50 With Acclaimed Drummer Ranjit Barot As Yamaha Artist.

  • Business

    Airbus signs Memorandum of Understanding to explore Japanese anti-submarine variant of the Eurodrone.

    “Summer Davos” Concludes in Dalian with Call to Scale Innovation Into Growth, Jobs and Competitiveness.

    UBS and Nethermind Complete Compliance Proofs of Concept on Ethereum.

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    Mr. Ravindran Govindan, Chairman of Fischer Medical Ventures Limited.

    NYB.AI Featured in NVIDIA GTC Taiwan 2026 Opening Showcase, Marking Milestone in AI-Driven Drug Discovery Collaboration.

    Narayana Health City Performs India’s First Pulsed Field Ablation for Advanced Treatment of Atrial Fibrillation.

    WellSpan Health and Philips Announce Landmark Strategic Alliance, Accelerating Innovation and Research Across Central Pennsylvania and Northern Maryland

    Dr. M. R. Jayaram, Chancellor, RISM, and other RISM members addressed a press meet organized on Monday, 1st June 2026 at the Ramaiah Institute of Science and Management, Bengaluru

    Ramaiah Group and University at Albany Launch RISM, India’s First Greenfield Deemed-to-be University Focused on STEM and Management.

    Samsung Announces World-First Breakthrough in Fainting Prediction With Galaxy Watch.

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    Disney and Philips bring together beloved storytelling and innovative technology to support kids undergoing MRI exams

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    Movate and MelodyArc Announce Applied AI Partnership to Transform CX Operations with AI-Powered Workflow Orchestration

    Qualcomm India Opens Registrations for Snapdragon Multiverse Hackathon to Build Multi-Device AI Solutions.

    Forensic Science Laboratory’s Achievements a Model for the Nation Government Committed to Further Strengthening It – Home Minister Priyank Kharge

    India’s Space Economy Poised to Reach USD 45 Billion in Next Decade; over 400 Space StartUps driving the next phase of growth: Dr Jitendra Singh .

    Union Minister Dr. Jitendra Singh Calls for Stronger Industry-Academia Partnerships to Accelerate Science-Led Growth.

    SAP Labs India Unveils 2026 Startup Studio Cohort Focused on Enterprise AI and Deep-Tech Innovation.

  • Auto

    Daimler India Commercial Vehicles (DICV) also joins the Government of India scheme to provide discounts for the replacement of old trucks and buses in Delhi-NCR.

    Busworld Türkiye 2026 grows by 15% as innovation takes centre stage.

    Tata Motors Strengthens eCV Leadership with over 3,400 Vehicle Orders Across Freight, Logistics and Passenger Mobility Segments.

    GAS Milano Unites the Superbike Fraternity with the Launch of its New Motorsport Inspired Collection.

  • Sports

    India’s Drag-Flickers Credit Taekema-Led Specialised Camp for contributing in Nations Cup Success.

    Gulbarga Mystics register dominant 95-run victory against the Shivamogga Yodhas.

    Delhi Redz crowned women’s champions at HSBC Rugby Premier League powered by Avid Season 2.

    Chethan’s fiery hundred steers Mysore Warriors to big victory against Bengaluru Blasters.

  • Entertainment

    Yamaha Music India Launches EAD50 With Acclaimed Drummer Ranjit Barot As Yamaha Artist.

    Actor Dr. Rajkumar’s 97th birthday celebration on April 24th, at 10.30 am in Dr. Rajkumar Punyabhoomi premises of the Sri Kanteerava Studio .

    Doordarshan Chandana has launched an innovative farmers’ reality show named “Raitaratna” (ರೈತರತ್ನ).

    Phoenix Marketcity brings you a legendary live concert by PADMA BHUSHAN KS CHITRA.

    UNDP Goodwill Ambassador and ‘Game of Thrones’ star Nikolaj Coster-Waldau highlights Odisha’s mangrove restoration story in global documentary series

    House of McDowell’s Soda Yaari Jam, India’s Biggest Branded Live IP, Touches down in Kolkata

  • Lifestyle
    • All
    • Food
    • Travel

    Yamaha Music India Launches EAD50 With Acclaimed Drummer Ranjit Barot As Yamaha Artist.

    ABD's ICONiQ White Whisky Achieves Highest-Ever Monthly Sales, Over 1 Million Cases in May 2026

    ABD’s ICONiQ White Whisky Achieves Highest-Ever Monthly Sales, Over 1 Million Cases in a Month.

    PHOTO CREDIT-AIR INDIA

    Air India introduces ‘basic’ fare option, expanding customer choice in economy class on domestic travel.

    Samsung Announces World-First Breakthrough in Fainting Prediction With Galaxy Watch.

    “Our vision is to make nutrition a standard feature in every kitchen, not a luxury.”-Mr. Jambulingappa Hosmani, MD, Panchamrutha Industries Pvt. Ltd

    Change in timings of ration distribution and fair price shops in Bengaluru.

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India Opens Doors to Global EV Giants with Portal Launch under SPMEPCI

FWM by FWM
June 24, 2025
in Auto
0

Major Push for ‘Make in India’ as Electric Vehicle Manufacturing Gets Policy Backing
Application Portal Goes Live under Scheme to Promote Manufacturing of Electric Passenger Cars in India

 24 JUN 2025 1:13PM by PIB Delhi

The Ministry of Heavy Industries (MHI) is pleased to announce the portal launch of the application process under the Scheme to Promote Manufacturing of Electric Passenger Cars in India (SPMEPCI).

The scheme was notified vide notification dated 15th March 2024, and the detailed Scheme Guidelines were subsequently issued through Notification No. S.O. 2450(E) dated 02.06.2025. Both the Notification and the Guidelines are available on the Ministry’s official website:https://heavyindustries.gov.in/scheme-promote-manufacturing-electric-passenger-cars-india-0

In this context, Applications are invited from eligible applicants under the scheme and applicants can apply through the application module at spmepci.heavyindustries.gov.in. The application portal would be open for applications from 24th June 2025 10.30 a.m. and will remain open until 21st October 2025 till 6:00 p.m.

The Government of India, under the visionary leadership of Prime Minister Shri Narendra Modi, has approved a forward-looking scheme 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.

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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. This scheme not only supports our national commitment to achieving Net Zero by 2070, but also reinforces our 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.”

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”.

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% for a period of 5 years from the Application Approval Date.

Approved applicants would be required to make minimum investment of Rs. 4,150 crores in line with the provisions of the scheme.

The scheme is strategically crafted to position India as a global hub for electric vehicle manufacturing. With a minimum investment threshold of ₹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.

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.

FWM

FWM

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