Skip to main content
Pro Plus

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.

Shahkar AbidiBy Shahkar Abidi calendar 20 Dec 2024 Views icon6789 Views Share - Share to Facebook Share to Twitter Share to LinkedIn Share to Whatsapp
EV image

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 ...

This is an Autocar Pro Plus article. Subscribe to continue reading.

STAY AHEAD OF THE CURVE WITH THE LATEST NEWS, ANALYSIS AND INSIGHTS INTO INDIA'S EXPANDING AUTOMOTIVE INDUSTRY

SUBSCRIBE TO AUTOCAR PRO PLUS

1 YEAR SUBSCRIPTION

$39.00

  • Unlimited Access to Pro Plus articles
  • Features and Insights
  • Opinions and Analysis
  • Pro Plus Newsletter
  • Multi-Device Accessibility

RELATED ARTICLES

India's Automotive AI Race Will Be Won on Data

auther Autocar Professional Bureau calendar17 Oct 2026

As connected vehicles, AI and supply-chain pressures reshape India’s automotive industry, the ability to unify data acro...

Mahindra & Mahindra’s stake in New Democratic Electoral Trust Falls to 49.63%

auther Arunima Pal calendar17 Oct 2026

NDET ceases to be a step-down subsidiary after an equity share allotment reduces the Mahindra group’s aggregate holding ...

Renault India CEO Says Hybrids, CNG Could Account for 50% of Sales in 2-3 Years

auther Autocar Professional Bureau calendar17 Oct 2026

CEO Stéphane Deblaise says the company is betting on hybrid technology as an alternative to diesel, while targeting €2 b...