Heavy Industries Ministry opens SPMEPCI application portal
On 24 June 2025 in New Delhi, the Ministry of Heavy Industries launched the application portal under the Scheme to Promote Manufacturing of Electric Passenger Cars in India (SPMEPCI).
Summary
The Ministry of Heavy Industries (MHI) launched the application portal for the Scheme to Promote Manufacturing of Electric Passenger Cars in India (SPMEPCI) in New Delhi on 24 June 2025, in the presence of Union Minister H.D. Kumaraswamy. The scheme was notified on 15 March 2024 and its guidelines were issued through Notification S.O. 2450(E) dated 2 June 2025. The portal is open from 24 June to 21 October 2025. Approved applicants must invest at least ₹4,150 crore and may import completely built-up electric four-wheelers with a minimum CIF value of USD 35,000 at a reduced customs duty of 15% for five years.
Key facts
- Scheme
- SPMEPCI
- Ministry
- Heavy Industries
- Notified
- 15 March 2024
- Guidelines
- S.O. 2450(E), 2 June 2025
- Portal window
- 24 June – 21 October 2025
- Minimum investment
- ₹4,150 crore
- Import concession
- e-4W CBUs (CIF ≥ USD 35,000) at 15% duty for 5 years
Practice MCQs 3 questions
What is the minimum investment required from approved applicants under SPMEPCI?
Show answer
Correct answer: B — ₹4,150 crore
PIB: approved applicants would be required to make a minimum investment of Rs. 4,150 crore (₹4,150 crore).
Under SPMEPCI, approved applicants may import completely built-up electric four-wheelers with a minimum CIF value of USD 35,000 at what reduced customs duty?
Show answer
Correct answer: C — 15%
PIB: approved applicants can import CBUs of e-4W with a minimum CIF value of USD 35,000 at a reduced customs duty of 15% for 5 years.
Consider the following statements about SPMEPCI: 1. The scheme was notified on 15 March 2024. 2. Its detailed guidelines were issued through Notification S.O. 2450(E) dated 2 June 2025. 3. The application portal opened on 24 June 2025 will remain open until 21 October 2025. Which of the statements given above is/are correct?
Show answer
Correct answer: D — 1, 2 and 3
PIB: the scheme was notified on 15 March 2024, guidelines were issued via S.O. 2450(E) dated 02.06.2025, and the portal is open from 24 June 2025 until 21 October 2025. All three are correct.