The Ministry of Heavy Industries (MHI), vide notification dated 15 March 2024, has introduced a ‘scheme to promote India as a manufacturing destination for Electric Vehicles (EVs) and attract investments from global EV manufacturers (Scheme)’.

Electric Mobility Promotion Scheme 2024 (EMPS 2024) scheme is being introduced by Ministry of Heavy Industries, Government of India with the approval of Department of Expenditure, Ministry of Finance to further accelerate the adoption of EVs in the country. This is a fund limited scheme with a total outlay of Rs.