Centre Notifies Guidelines to Boost Electric Car Manufacturing in India
Central Government notified detailed guidelines for the Scheme to Promote Manufacturing of Electric Passenger Cars in India (SPMEPCI). The scheme is aimed at attracting global EV makers to invest in India by offering concessional customs duty and support for both greenfield and brownfield manufacturing investments. This move comes on the same day Union Minister H.D. Kumaraswamy disclosed that Tesla is currently not interested in manufacturing cars in India, but only in opening showrooms.
The Ministry of Heavy Industries formally notified the SPMEPCI guidelines to promote domestic EV manufacturing. The announcement comes amid Tesla’s disinterest in setting up manufacturing facilities in India, as stated by Union Minister H.D. Kumaraswamy.
| Summary/Static | Details |
| Why in the news? | Centre Notifies Guidelines to Boost Electric Car Manufacturing in India |
| Scheme Name | SPMEPCI – Scheme to Promote Manufacturing of Electric Passenger Cars in India |
| Key Incentive | 15% import duty on CBUs valued ≥ $35,000 |
| Import Cap | 8,000 units/year (carry forward allowed) |
| Investment Type Allowed | Both greenfield and brownfield |
| Minister’s Remark on Tesla | Not interested in manufacturing, only in showrooms |
| Objective | Promote EV production, attract FDI, reduce emissions |
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