Government unveils electric car manufacturing plan: 10 things to know about the new scheme

Jun 2, 2025 - 17:30
Government unveils electric car manufacturing plan: 10 things to know about the new scheme

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India's Ministry of Heavy Industries has launched the “Scheme to Promote Manufacturing of Electric Passenger Cars in India” (SPMEPCI) to attract EV manufacturing investments. The scheme offers reduced customs duties on imported EVs for approved applicants who meet minimum investment and localization targets.

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