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
6661 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
Nippon Paint Meets Commerce Minister Goyal in Japan, Discusses India Expansion
Angitha Suresh
30 Aug 2026
The meeting, held during India's largest-ever business delegation to Japan, centred on opportunities in the paints and c...
Weekly News Wrap: Hyundai Maps 26-Model India Push, Ather Goes Mainstream, JSW MG Targets 1 Lakh Sales
Autocar Professional Bureau
30 Aug 2026
Hyundai outlined a major India expansion and electrification roadmap, Ather entered the mainstream scooter market with t...
Leanwatts Raises $2 Mn Seed Funding to Scale EV Power Electronics Manufacturing
Shruti Shiraguppi
29 Aug 2026
The Hyderabad-based company plans to use the funding to expand manufacturing capacity, strengthen R&D and testing infras...
