Follow us
EXCLUSIVE: Nine months on, India's SMEC policy for electric car manufacturing remains stalled
Key elements of the scheme, including the formation of an inter-ministerial sanctioning committee, are still pending.
By Shahkar Abidi
6400 Views
India's much-anticipated new EV policy is caught in a curious state of limbo, it seems; awaiting clarity about the fate of the Scheme to Promote Manufacturing of Electric Passenger Cars (SMEC) policy. This scheme, designed to make India as a global EV hub, was unveiled with much fanfare in mid-March this year, but its operational guidelines remain elusive, even after nearly nine months. The delay has cast a pall of uncertainty over the entire EV sector, leaving industry players anxiously awaiting a definitive roadmap.
The Ministry of Heavy Industries, in a response to Autocar Professional obtained via a Right to Information (RTI) query, stated that key elements of the scheme—including the formation of an inter-ministerial sanctioning committee —are still pending.
Until ...
RELATED ARTICLES
Suzuki Motorcycle India Opens First Dealership in Sirsa
Angitha Suresh
30 May 2026
The new outlet in Haryana's Sirsa district brings the company's national dealer network to 1,246 touchpoints, with 25 no...
India's Passenger EV Market Set for Breakout Year; Sales Could Reach 400,000 Units in FY27
Autocar Professional Bureau
30 May 2026
Automakers expand production amid surging bookings, with industry penetration expected to nearly double from FY26 levels...
Olectra Greentech FY26 Net Profit up 29% to ₹179.5 crore
Arunima Pal
29 May 2026
The company delivered 1,280 electric vehicles during the year, up 32% from 972 units in FY25.
