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 icon6436 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

JBM Bets on Scale, Exports and Fast Charging to Defend Electric Bus Lead

auther Kiran Murali calendar04 Jun 2026

With an order book of nearly 10,000 buses and manufacturing capacity of 20,000 units annually, JBM Group is positioning ...

E-Mobility Sectors and Rare Earth Supply Chains Lead as Indian Climate Tech Funding Reaches $12.8 Billion

auther Dev Vadchhedia calendar04 Jun 2026

Data intelligence platform reports capital consolidation into larger, late-stage transactions as national energy securit...

LOHUM Secures Rights to Upgrades and Restart Hindustan Copper's Gujarat Plant

auther Dev Vadchhedia calendar04 Jun 2026

The 20-year revenue-sharing agreement will revive a 50,000 tonne-per-annum facility to produce high-purity copper cathod...