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 icon6850 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

Suprajit Engineering Q2 Profit Rises 5% To ₹53.4 Crore

auther Eshisha Java calendar07 Nov 2026

Suprajit Engineering reports a 21% increase in consolidated revenue for Q2 FY27, while higher expenses and a sharp decli...

SAEINDIA To Host APAC 23 Automotive Engineering Conference In New Delhi

auther Autocar Professional Bureau calendar07 Nov 2026

The November 13–14 conference is expected to bring together over 1,000 delegates, 500 mobility experts and 80 exhibitors...

Remsons Industries Q2 Revenue Rises 17%, Pre-Tax Profit Falls

auther Eshisha Java calendar07 Nov 2026

Remsons Industries reported higher consolidated revenue in Q2 FY27, but expenses grew faster, reducing pre-tax profit. C...