The EMPS 2024 was introduced on a temporary basis with a budget outlay of ₹778 crore.
Share Post
The EMPS 2024 was introduced on a temporary basis with a budget outlay of ₹778 crore.
Speaking at the 64th Annual Convention of the Automotive Component And Manufacturer’s Association, the Minister of Heavy Industries, H D Kumaraswamy clarified that the Electric Mobility Promotion Scheme (EMPS) 2024 will be extended beyond September 30. This indicates that the third instalment of the Faster Adoption of Electric Mobility subsidy scheme will be delayed further, at least until further notice.
(Also Read: Urge Manufacturers To Establish Scrapping, Fitness Centres: Gadkari)
The Minister of Heavy Industries has pledged continued government backing for India's automotive sector. Speaking at the Automotive Component Manufacturers Association's (ACMA) 64th annual session, the Minister emphasised the government's commitment to maintaining India's position as a global manufacturing and innovation hub.
(Also Read: Tata Motors Offers Discounts of Upto ₹1.80 Lakh On ICE Vehicles and Upto ₹3 Lakh On EVs)
The government recently launched the Electric Mobility Promotion Scheme (EMPS) with a budget of ₹778 crore. This temporary initiative was to bridge the gap between the FAME-II policy and the anticipated FAME-III scheme, both aimed to boost electric vehicle adoption in India.
Looking ahead, the Minister outlined the government's vision for the industry. "We're focused on supporting next-generation technologies and strengthening the domestic supply chain," Kumaraswamy stated.
Maruti Suzuki Dzire Receives 5 Stars At Bharat NCAP Crash Test
Pratik Rakshit 11 Jun, 2025, 12:57 PM IST
GM Shifts Strategy, Invests $4 Billion In US Plants As It Gives Big Push To Gas Vehicle Production
Krishna SinhaChaudhury 11 Jun, 2025, 12:08 PM IST
Ranbir Kapoor And Anil Kapoor Tease The Upcoming Vida VX2
Sutanu Guha 11 Jun, 2025, 11:55 AM IST
Steelbird Launches SBH-23 AVA Glossy Half-Face Helmet
Sutanu Guha 11 Jun, 2025, 11:35 AM IST
Mercedes-AMG G 63 ‘Collector’s Edition’ India Launch Tomorrow: What To Expect
Pratik Rakshit 11 Jun, 2025, 10:49 AM IST
Looking for a new car?
We promise the best car deals and earliest delivery!