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 icon6820 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

Gabriel India Q2 Net Profit Rises 16% to Rs 124 Crore

auther Dev Vadchhedia calendar30 Oct 2026

Higher operational revenues drive top-line expansion, while input costs and finance charges increase overall expenditure...

Gadkari Asks Maharashtra to Cut EV Charging Rate to ₹5 Per Unit

auther Anurag Chaturvedi calendar30 Oct 2026

Maharashtra CM Fadnavis says state will bring in processes to lower charges, asks EKA to deploy 50,000 electric buses in...

Tata Motors Completes Initial Settlement for Iveco Group, Holds 89.42% Stake

auther Autocar Professional Bureau calendar30 Oct 2026

Iveco Group becomes an indirect subsidiary of Tata Motors.