Sectoral Scheme·All India·Active

PM E-Drive Scheme

Q: How do I apply for PM E-Drive?

Apply through the official portal: https://heavyindustries.gov.in. The scheme is administered by Ministry of Heavy Industries.

₹10,900 Cr active successor to FAME II. Includes purchase subsidies.

Quick facts

Ministry / Agency: Ministry of Heavy Industries
Funding: ₹10,900 Cr outlay
Stage: growth, mature
Sector: ev, manufacturing
Equity dilution: none
DPIIT recognition required: No
NRI / OCI eligibility: Yes — NRI and OCI founders are eligible to apply.

Who is eligible

EV manufacturers and service providers

How to apply

PM E-Drive is administered by Ministry of Heavy Industries. Applications are submitted through the official portal — there are no application fees and you do not need to go through third-party intermediaries.

Apply on the official portal

Opens heavyindustries.gov.in in a new tab. StartupIndi is not affiliated with this scheme or its administering body.

Other schemes that often pair with PM E-Drive or apply to a similar profile.

Production-Linked Incentive (PLI) Schemes

Output-based 4-6% sales subsidy over 5-6 years across 13+ sectors. For hardware-heavy startups already in production.

Funding: 4-6% sales subsidy over 5-6 yrsStage: growth, mature

Drone Shakti & Drone Manufacturing PLI

New 5-yr manufacturing scheme has in-principle clearance, notification pending.

Funding: ~₹10,000 Cr 5-yr scheme proposedStage: mvp, growth

National Green Hydrogen Mission

₹19,744 Cr outlay; target 5 MMT/year by 2030. SIGHT Programme funds electrolyser mfg + green H2 production.

Funding: ₹19,744 Cr outlay; SIGHT incentivesStage: growth, mature

ISM Design Linked Incentive

Up to 50% reimbursement on design costs + financial incentives over 5 years for fabless chip-design startups.

Funding: Up to 50% design cost + 5-yr incentivesStage: mvp, early-revenue

Frequently asked questions

Who is eligible for PM E-Drive?+

EV manufacturers and service providers

What is the funding amount under PM E-Drive?+

₹10,900 Cr outlay. ₹10,900 Cr outlay

Can NRI or OCI founders apply for PM E-Drive?+

Yes — NRI and OCI founders are eligible to apply.

Does PM E-Drive require DPIIT recognition?+

No — DPIIT recognition is not required for PM E-Drive.

How do I apply for PM E-Drive?+

Apply through the official portal at heavyindustries.gov.in. The scheme is administered by Ministry of Heavy Industries.

Want to see what else you qualify for?

Take the 60-second finder. Get a ranked list of schemes matched to your profile.

Start the Finder