December 5, 2025 Summary: The newly announced National Manufacturing Mission is focusing on the MSME supply chain for Electric Vehicles (EVs) and Solar Power. Small units manufacturing EV batteries or solar components can now claim up to 25% capital subsidy on new machinery. This move aims to reduce India’s reliance on imported electronics and build a local “Green Supply Chain.”
National Manufacturing Mission (NMM) to Subsidize Clean-Tech Units
