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.
6576 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
Mahindra Logistics Reports 23 Percent YoY Growth in Q1FY27
Dev Vadchhedia
20 Jul 2026
The company maintains profitability improvements for a fourth consecutive quarter amid volume gains across its logistics...
Tata Osprey (Nexon) Set for South African Debut in Q3 2026
Sarthak Mahajan
20 Jul 2026
Tata Motors Passenger Vehicles South Africa has confirmed the Osprey, known internationally as the Nexon, will arrive lo...
Full Plants, Fuller Order Books: Why Steel Strips Wheels Ltd (SSWL) Is Racing to Add Capacity
Shahkar Abidi
20 Jul 2026
The Chandigarh-headquartered wheel maker is spending Rs 500–600 crore to add alloy wheel and knuckle capacity at Bhuj wh...
