India is accelerating its journey toward clean, sustainable, and smart transportation with the PM E-Drive Scheme. Launched by the Ministry of Heavy Industries (MHI), this initiative is designed to boost electric vehicle (EV) adoption, promote domestic EV manufacturing, and create new business opportunities across the EV ecosystem.
The program is a major step forward for entrepreneurs, manufacturers, and investors who want to be part of India’s green mobility revolution.
What Is the PM E-Drive Scheme?
The PM E-Drive Scheme is a flagship government initiative aimed at transforming India’s mobility landscape through electric vehicles. Building upon the success of FAME I and FAME II, this program focuses on:
- Domestic EV manufacturing – Encouraging local production of EVs and EV components.
- Battery and technology innovation – Supporting next-generation EV batteries and electronics.
- Charging infrastructure development – Expanding a nationwide EV charging network.
- Startup and MSME support – Facilitating green mobility entrepreneurs.
- Employment generation – Creating new jobs in the EV sector.
Key Objectives:
- Promote indigenous EV manufacturing and components production.
- Strengthen the EV supply chain and foster startup innovation.
- Support MSMEs and entrepreneurs entering the EV ecosystem.
- Expand charging infrastructure across India.
- Build a sustainable, eco-friendly transport network.
Who Can Benefit from the PM E-Drive Scheme?
The scheme provides opportunities for a wide range of stakeholders in the EV sector:
- EV Manufacturers: Two-wheelers, three-wheelers, four-wheelers, and commercial vehicle producers.
- Component Makers: Battery, motor, and controller manufacturers.
- Dealers & Entrepreneurs: Those establishing EV showrooms, service centers, and charging stations.
- Fleet Operators: Businesses transitioning to electric fleets for logistics and transport.
Business Opportunities Under PM E-Drive
The initiative offers financial incentives, policy support, and growth opportunities for businesses entering the EV sector:
- Production-Linked Incentives (PLI): Financial support for EV production.
- Subsidies for Manufacturing: Assistance for EVs and component development.
- Charging Infrastructure Projects: Collaborate with government and private partners.
- EV Fleet Deployment: Partner with local authorities to deploy electric vehicles for logistics and public transport.
How Miracify Supports EV Businesses
Miracify empowers EV founders and companies to succeed in the fast-growing electric mobility sector by offering:
- Digital Transformation & Marketing – Boost online presence and customer engagement.
- Dealer & Distributor Network Enablement – Expand your reach efficiently.
- B2B & Fleet Solutions – Streamline operations for businesses and logistics.
- Operations & Sales Optimization – Increase efficiency and revenue growth.
With Miracify, EV businesses can maximize opportunities under the PM E-Drive Scheme and contribute to India’s clean mobility future.
Why the PM E-Drive Scheme Matters
The PM E-Drive Scheme is not just an industrial policy; it’s a movement for a greener India. By promoting electric mobility, India aims to:
- Reduce carbon emissions and air pollution.
- Lower dependence on fossil fuels.
- Position India as a global EV manufacturing hub.
- Accelerate the adoption of sustainable transportation solutions.
Explore full details, eligibility criteria, and official updates here: PM E-Drive Official Website
Maximize your EV business potential – Connect with Miracify today!
