Sunday, February 15, 2026
24*7 News World
  • Home
  • World

    In 2026 Malaysia targets 2.1 million tourist arrivals from India

    TOURISM MALAYSIA SIGNS PARTNERSHIP WITH MITSUI OUTLET PARK KLIA SEPANG FOR VISIT MALAYSIA 2026 (VM2026)

    Carlyle to invest INR 2,100 Cr (approximately USD 230M) in Nido Home Finance

    India Achieves Landmark Trade Victory, Unlocks $30-Trillion U.S. Market for Exports Across Key Sectors

    Levi’s® Brand Debuts “Behind Every Original” Campaign With Super Bowl Film Highlighting Backstories and Backsides

    HKTDC to Host World’s Largest One-Stop Jewellery Marketplace

  • National
    • All
    • Economy & Politics
    • Election

    Mahashivratri 2026:Visit Shri Kadu Malleshwara Swamy Temple and Sri Dakshinamukha Nandi Tirtha Kalyaani Kshetra

    International Dam Safety Conference in Bengaluru – CM Siddaramaiah to launch 2026 Dams are temples of modern India – CM Siddaramaiah

    Immerse in an Indulgent Celebration of Love at The Creek This Valentine’s

    Love, Thoughtfully Chosen: Valentine’s Day Gifts That Fit Everyday Life

    Transforming Healthcare Delivery Through Artificial Intelligence

    In 2026 Malaysia targets 2.1 million tourist arrivals from India

  • Business

    RELIANCE CONSUMER PRODUCTS ACQUIRES TAMIL NADU’S SOUTHERN HEALTH FOODS

    Carlyle to invest INR 2,100 Cr (approximately USD 230M) in Nido Home Finance

    Mr. Michael W. Jalbert, Chief Executive Officer (CEO), Forbes Global Properties-PHOTO CREDIT-Forbes Global

    Forbes Global Properties Unveils ‘Mission 2030’ Strategic Vision for India

  • Health

    When Fashion Becomes a Force for Health: Suta Joins Sanjeevani’s Pink Tag Project for Breast Cancer Awareness

    As of 2nd February 2026, 53 Tele MANAS Cells have been set up in 36 States/ UTs

    PHOTO CREDIT-PHILIPS

    Philips named a Clarivate Top 100 Global Innovator for the 13th consecutive year

    Pullman Chennai Anna Salai Celebrates Pongal with a Farm-to-Fork Tamil Harvest Buffet Thursday,15th of Jan 2026-

    Breaking Barriers in Diabetes Care: Cipla Launches #InhaleTheChange Campaign

    Novo Nordisk A/S: Wegovy® pill approved in the US as first oral GLP-1 for weight management

  • Technology
    • All
    • Environment
    • Science

    India AI Stack: Powering Intelligence at Scale

    Unveiling the GAFX 2026 poster by  Shri Priyank Kharge, Hon’ble Minister for Information Technology, Biotechnology and Science & Technology, Government of Karnataka ,  Dr. Manjula N., IAS, Secretary to Government, Department of Electronics, IT, BT and Science & Technology, Government of Karnataka  Shri Rahul Sharanappa Sankanur , IAS, Director, Department of Electronics, Information Technology and Biotechnology, Govt. of Karnataka ,  Mr. Biren Ghose, President, ABAI, along with the ABAI team  at the Press Conference today.

    Government of Karnataka Announces “Bengaluru GAFX 2026”; Unveils ‘Evolution Reloaded’ Vision for AVGC and Creative Technologies

    KKR and Oak Hill Capital Commit Nearly $2 Billion to Leading European Data Center Platform Global Technical Realty

    Delta Electronics India to Provide 110 MW in Power Conditioning Systems to Prostarm Info Systems Ltd. for Multiple Energy Storage Projects in India

    Transforming India with AI

    India AI Impact Summit 2026 to focus on ‘Democratizing AI, Bridging the AI Divide’

  • Auto
    03.02.2026 
Art Basel Qatar 2026 x BMW 7 series and BMW X7. Photo: Alfardan Automobiles Co.

    BMW celebrates the inaugural edition of Art Basel Qatar.

    PHOTO CREDIT-TATA MOTORS

    Tata Motors registered total sales of 41,549 commercial vehicle units in January 2026

    PHOTO CREDIT-Mercedes-Benz

    For the first time, India enters the Top 5 global markets list for Mercedes-Maybach

    PHOTO CREDIT-PEUGEOT.

    PEUGEOT AND PATHÉ, AN UNPRECEDENTED PARTNERSHIP PROMOTING THE EXCELLENCE OF FRENCH CINEMA

  • Sports
    . 

    Tata Consultancy Services World 10K Bengaluru, the World’s premier 10K, is scheduled for Sunday, 26th April 2026; Registrations now open!

    BCCI congratulates India Under-19 team on sixth ICC Under-19 World Cup triumph

    Third stage of ticket sales commences as countdown to ICC Men’s T20 World Cup 2026 begins

    PHOTO CREDIT-TITAN

    Titan Smart introduces Celestor 2.0, onboards World No.3 Badminton pair, Chirag Shetty and Satwiksairaj Rankireddy as brand ambassadors

  • Entertainment

    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

    “Virgin Boys” – A Bold Telugu Youth Drama Captures Hearts Across Theatres

    Vogue Wedding Atelier presented by HSBC India at Taj Palace, New Delhi, from 8-10 August 2025

    A New Era in Luxury Weddings – Vogue Wedding Atelier Debuts in India

    GenS Life and Dowith Lit Present ‘Senior Spotlight’: Bengaluru’s Open Mic Celebration for the 55+

    PMJ Jewels Launches PMJ SuperStar Bracelet and ‘Celebrating Daughters’ Campaign

  • Lifestyle
    • All
    • Food
    • Travel
    Dubstep unveils its Valentine’s Day ‘Love on Loop’ campaign with the launch of the limited-edition Buzz X12 Love Edition earbuds, available exclusively on Instamart. #madetoplay

    Celebrate Valentine’s with Dubstep®’s Love on Loop—Win a Trip for Two to Goa and More

    As of 2nd February 2026, 53 Tele MANAS Cells have been set up in 36 States/ UTs

    PHOTO CREDIT-PHILIPS

    Philips named a Clarivate Top 100 Global Innovator for the 13th consecutive year

    LINDBERG Unveils an Exclusive Lunar New Year Precious Special Edition

    Pullman Chennai Anna Salai Celebrates Pongal with a Farm-to-Fork Tamil Harvest Buffet Thursday,15th of Jan 2026-

    PHOTO CREDIT-Malaysia Aviation Group

    Malaysia Airlines Celebrates Resumption of Direct Flights to Chengdu,Strengthening Connectivity to Western China 

No Result
View All Result
24*7 News World
  • Home
  • World

    In 2026 Malaysia targets 2.1 million tourist arrivals from India

    TOURISM MALAYSIA SIGNS PARTNERSHIP WITH MITSUI OUTLET PARK KLIA SEPANG FOR VISIT MALAYSIA 2026 (VM2026)

    Carlyle to invest INR 2,100 Cr (approximately USD 230M) in Nido Home Finance

    India Achieves Landmark Trade Victory, Unlocks $30-Trillion U.S. Market for Exports Across Key Sectors

    Levi’s® Brand Debuts “Behind Every Original” Campaign With Super Bowl Film Highlighting Backstories and Backsides

    HKTDC to Host World’s Largest One-Stop Jewellery Marketplace

  • National
    • All
    • Economy & Politics
    • Election

    Mahashivratri 2026:Visit Shri Kadu Malleshwara Swamy Temple and Sri Dakshinamukha Nandi Tirtha Kalyaani Kshetra

    International Dam Safety Conference in Bengaluru – CM Siddaramaiah to launch 2026 Dams are temples of modern India – CM Siddaramaiah

    Immerse in an Indulgent Celebration of Love at The Creek This Valentine’s

    Love, Thoughtfully Chosen: Valentine’s Day Gifts That Fit Everyday Life

    Transforming Healthcare Delivery Through Artificial Intelligence

    In 2026 Malaysia targets 2.1 million tourist arrivals from India

  • Business

    RELIANCE CONSUMER PRODUCTS ACQUIRES TAMIL NADU’S SOUTHERN HEALTH FOODS

    Carlyle to invest INR 2,100 Cr (approximately USD 230M) in Nido Home Finance

    Mr. Michael W. Jalbert, Chief Executive Officer (CEO), Forbes Global Properties-PHOTO CREDIT-Forbes Global

    Forbes Global Properties Unveils ‘Mission 2030’ Strategic Vision for India

  • Health

    When Fashion Becomes a Force for Health: Suta Joins Sanjeevani’s Pink Tag Project for Breast Cancer Awareness

    As of 2nd February 2026, 53 Tele MANAS Cells have been set up in 36 States/ UTs

    PHOTO CREDIT-PHILIPS

    Philips named a Clarivate Top 100 Global Innovator for the 13th consecutive year

    Pullman Chennai Anna Salai Celebrates Pongal with a Farm-to-Fork Tamil Harvest Buffet Thursday,15th of Jan 2026-

    Breaking Barriers in Diabetes Care: Cipla Launches #InhaleTheChange Campaign

    Novo Nordisk A/S: Wegovy® pill approved in the US as first oral GLP-1 for weight management

  • Technology
    • All
    • Environment
    • Science

    India AI Stack: Powering Intelligence at Scale

    Unveiling the GAFX 2026 poster by  Shri Priyank Kharge, Hon’ble Minister for Information Technology, Biotechnology and Science & Technology, Government of Karnataka ,  Dr. Manjula N., IAS, Secretary to Government, Department of Electronics, IT, BT and Science & Technology, Government of Karnataka  Shri Rahul Sharanappa Sankanur , IAS, Director, Department of Electronics, Information Technology and Biotechnology, Govt. of Karnataka ,  Mr. Biren Ghose, President, ABAI, along with the ABAI team  at the Press Conference today.

    Government of Karnataka Announces “Bengaluru GAFX 2026”; Unveils ‘Evolution Reloaded’ Vision for AVGC and Creative Technologies

    KKR and Oak Hill Capital Commit Nearly $2 Billion to Leading European Data Center Platform Global Technical Realty

    Delta Electronics India to Provide 110 MW in Power Conditioning Systems to Prostarm Info Systems Ltd. for Multiple Energy Storage Projects in India

    Transforming India with AI

    India AI Impact Summit 2026 to focus on ‘Democratizing AI, Bridging the AI Divide’

  • Auto
    03.02.2026 
Art Basel Qatar 2026 x BMW 7 series and BMW X7. Photo: Alfardan Automobiles Co.

    BMW celebrates the inaugural edition of Art Basel Qatar.

    PHOTO CREDIT-TATA MOTORS

    Tata Motors registered total sales of 41,549 commercial vehicle units in January 2026

    PHOTO CREDIT-Mercedes-Benz

    For the first time, India enters the Top 5 global markets list for Mercedes-Maybach

    PHOTO CREDIT-PEUGEOT.

    PEUGEOT AND PATHÉ, AN UNPRECEDENTED PARTNERSHIP PROMOTING THE EXCELLENCE OF FRENCH CINEMA

  • Sports
    . 

    Tata Consultancy Services World 10K Bengaluru, the World’s premier 10K, is scheduled for Sunday, 26th April 2026; Registrations now open!

    BCCI congratulates India Under-19 team on sixth ICC Under-19 World Cup triumph

    Third stage of ticket sales commences as countdown to ICC Men’s T20 World Cup 2026 begins

    PHOTO CREDIT-TITAN

    Titan Smart introduces Celestor 2.0, onboards World No.3 Badminton pair, Chirag Shetty and Satwiksairaj Rankireddy as brand ambassadors

  • Entertainment

    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

    “Virgin Boys” – A Bold Telugu Youth Drama Captures Hearts Across Theatres

    Vogue Wedding Atelier presented by HSBC India at Taj Palace, New Delhi, from 8-10 August 2025

    A New Era in Luxury Weddings – Vogue Wedding Atelier Debuts in India

    GenS Life and Dowith Lit Present ‘Senior Spotlight’: Bengaluru’s Open Mic Celebration for the 55+

    PMJ Jewels Launches PMJ SuperStar Bracelet and ‘Celebrating Daughters’ Campaign

  • Lifestyle
    • All
    • Food
    • Travel
    Dubstep unveils its Valentine’s Day ‘Love on Loop’ campaign with the launch of the limited-edition Buzz X12 Love Edition earbuds, available exclusively on Instamart. #madetoplay

    Celebrate Valentine’s with Dubstep®’s Love on Loop—Win a Trip for Two to Goa and More

    As of 2nd February 2026, 53 Tele MANAS Cells have been set up in 36 States/ UTs

    PHOTO CREDIT-PHILIPS

    Philips named a Clarivate Top 100 Global Innovator for the 13th consecutive year

    LINDBERG Unveils an Exclusive Lunar New Year Precious Special Edition

    Pullman Chennai Anna Salai Celebrates Pongal with a Farm-to-Fork Tamil Harvest Buffet Thursday,15th of Jan 2026-

    PHOTO CREDIT-Malaysia Aviation Group

    Malaysia Airlines Celebrates Resumption of Direct Flights to Chengdu,Strengthening Connectivity to Western China 

No Result
View All Result
24*7 News World
No Result
View All Result
Home Auto

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.

ADVERTISEMENT

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

Related Posts

03.02.2026 
Art Basel Qatar 2026 x BMW 7 series and BMW X7. Photo: Alfardan Automobiles Co.
Auto

BMW celebrates the inaugural edition of Art Basel Qatar.

by FWM
February 4, 2026
PHOTO CREDIT-TATA MOTORS
Auto

Tata Motors registered total sales of 41,549 commercial vehicle units in January 2026

by FWM
February 1, 2026
PHOTO CREDIT-Mercedes-Benz
Auto

For the first time, India enters the Top 5 global markets list for Mercedes-Maybach

by FWM
January 24, 2026
PHOTO CREDIT-PEUGEOT.
Auto

PEUGEOT AND PATHÉ, AN UNPRECEDENTED PARTNERSHIP PROMOTING THE EXCELLENCE OF FRENCH CINEMA

by FWM
January 21, 2026
Auto

Maruti Suzuki collaborates with Indian Oil Corporation Limited to further expand nationwide service reach

by FWM
January 12, 2026

Stay Connected

Mahashivratri 2026:Visit Shri Kadu Malleshwara Swamy Temple and Sri Dakshinamukha Nandi Tirtha Kalyaani Kshetra

February 15, 2026

International Dam Safety Conference in Bengaluru – CM Siddaramaiah to launch 2026 Dams are temples of modern India – CM Siddaramaiah

February 13, 2026

Immerse in an Indulgent Celebration of Love at The Creek This Valentine’s

February 13, 2026

Recent News

Mahashivratri 2026:Visit Shri Kadu Malleshwara Swamy Temple and Sri Dakshinamukha Nandi Tirtha Kalyaani Kshetra

February 15, 2026

International Dam Safety Conference in Bengaluru – CM Siddaramaiah to launch 2026 Dams are temples of modern India – CM Siddaramaiah

February 13, 2026

Immerse in an Indulgent Celebration of Love at The Creek This Valentine’s

February 13, 2026

Love, Thoughtfully Chosen: Valentine’s Day Gifts That Fit Everyday Life

February 13, 2026
ADVERTISEMENT

© 2018 | Fortune World Media | MEDIA & ENTERTAINMENT CO. IN | Powered by Raja's Digital

error: Content is protected !!
No Result
View All Result
  • Home
  • World
  • National
  • Business
  • Economy & Politics
  • Election
  • Health
  • Technology
  • Auto
  • Sports
  • Entertainment
  • Lifestyle

© 2018 | Fortune World Media | MEDIA & ENTERTAINMENT CO. IN | Powered by Raja's Digital

Go to mobile version