In a major move to boost domestic electric vehicle (EV) production and attract global investments, the Government of India has launched a dedicated online portal for its recently approved EV manufacturing scheme. The portal aims to streamline applications and increase transparency for stakeholders seeking to benefit from the new policy.
The portal is part of the government’s broader strategy to make India a leading global hub for EV production. It will serve as the central platform for automakers to register under the electric vehicle policy approved in March 2024, which encourages the setting up of EV manufacturing facilities with significant investments and localization commitments.
Operated by the Ministry of Heavy Industries (MHI), the platform will enable original equipment manufacturers (OEMs) to apply for scheme benefits, upload project details, and track approvals in real time. The initiative is designed to cut down on bureaucratic delays and foster investor confidence, both domestic and international.
As per the policy, participating OEMs must invest a minimum of ₹4,150 crore (around USD 500 million) and begin commercial production within three years. Additionally, manufacturers are required to achieve at least 50% localization within five years to qualify for incentives, including lower import duties on EVs.
Government officials stated that the move aligns with India’s long-term goal of electrifying its transport sector while enhancing domestic manufacturing. The portal launch also marks a proactive step in encouraging global EV giants such as Tesla, VinFast, and BYD to establish operations in the Indian market.
By simplifying access and promoting policy clarity, the new portal is expected to accelerate India’s EV adoption roadmap while creating jobs, reducing emissions, and supporting self-reliance in clean mobility technologies. The Ministry has urged interested companies to begin the registration process promptly.
Discussion about this post