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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.

20 Dec 2024 | 6618 Views | By Shahkar Abidi

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 ...

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