India Accelerates EV Charger Localization with 30% Subsidy Boost

date:New Delhi, March 2025

India's Ministry of Heavy Industries has launched Phase-II of the FAME India Scheme, mandating 50% domestic value addition for EV charger manufacturers to qualify for enhanced subsidies. Effective April 2024, companies establishing local assembly facilities will receive:
✅ 30% capital subsidy (up to ₹20 million/unit)
✅ Customs duty exemptions on imported components
✅ Fast-tracked certification via BIS

The policy targets installation of 10,000 public chargers by 2026, prioritizing highways and Tier-2 cities. "This transforms India from importer to global manufacturing hub," stated Minister Mahendra Nath Pandey during the Make in India EV Expo.

Key Requirements:
• Local Sourcing: PCBA, enclosures, cables ≥50% Indian content
• Tech Transfer: Foreign partners must share BMS/IP protocols
• R&D Commitment: 5% revenue reinvestment in local innovation

Major players like Tata Power and Exicom have already secured PLI approvals, with 12 new manufacturing plants announced across Gujarat and Tamil Nadu.