Scheme to Promote Manufacturing of Electric Passenger Cars in India (SPMEPCI)
Sector: Government • Location: India
Source: ET Energy World
The government of India has notified a scheme to promote domestic manufacturing of electric passenger cars. The scheme mandates a minimum investment of ₹4,150 crore and offers a concessional import duty of 15% for five years on electric four-wheelers priced at or above $35,000. Approved applicants can import Completely Built Units (CBUs) of electric four-wheelers with a minimum CIF value of $35,00
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | Planned |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | The government of India has notified a scheme to promote domestic manufacturing of electric passenger cars. The scheme mandates a minimum investment of ₹4,150 crore and offers a concessional import duty of 15% for five years on electric four-wheelers priced at or above $35,000. Approved applicants can import Completely Built Units (CBUs) of electric four-wheelers with a minimum CIF value of $35,000 at reduced customs duty. The scheme includes domestic value addition targets and investment requirements to boost local manufacturing and position India as a global EV manufacturing hub. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
Project Type | Obfuscated Data |
Article Published Date | Obfuscated Data |