What is the maximum subsidy amount?

The maximum Capital Investment Subsidy (CIS) an eligible enterprise can receive is **INR 3 Crores**.

What percentage of investment is subsidized?

Eligible enterprises can receive a subsidy of **30%** of their verified investment in Plant & Machinery.

What kind of enterprises are eligible for this subsidy?

This subsidy is specifically for **new enterprises** engaged in the manufacturing of E-Vehicle components and setting up charging infrastructure within Odisha.

Is there a maximum investment limit for eligibility?

Yes, enterprises are eligible if their investment in Plant & Machinery is **up to INR 50 crores**.

Is MSME registration required?

Yes, as this is part of the Odisha MSME Development Policy, MSME Udyam registration is a mandatory requirement for eligibility.

How can one apply for this subsidy?

The application involves submitting detailed documentation, including proof of investment and enterprise registration, to the Government of Odisha MSME Department, following the guidelines provided in the Odisha MSME Development Policy 2022.

What is the purpose of this subsidy?

The subsidy aims to promote industrial growth, create employment, and establish a strong ecosystem for electric vehicles in Odisha by incentivizing local manufacturing of EV components and charging solutions.

Odisha E-Vehicle Component & Charging Subsidy (2026)

The Capital Investment Subsidy (CIS) for E-Vehicle Component & Charging Infrastructure is a key incentive under the Odisha MSME Development Policy 2022. This program is designed to spur industrial growth and promote sustainable mobility within the state by supporting new enterprises that invest in manufacturing critical components for electric vehicles or develop charging infrastructure. By offering significant financial support, the Government of Odisha aims to attract investment, create jobs, and establish a robust ecosystem for electric vehicles. This strategic initiative targets the emerging EV sector, recognizing its potential for economic growth and environmental benefits. The subsidy encourages enterprises to set up advanced manufacturing units and deploy essential charging networks, contributing to a cleaner and greener transportation future for Odisha.

Applications for the Capital Investment Subsidy are generally reviewed by a dedicated committee or designated authority within the Government of Odisha MSME Department. This rigorous process involves a multi-stage evaluation to verify the eligibility of the enterprise, the nature and extent of the investment made in Plant & Machinery, and its direct relevance to E-Vehicle component manufacturing or charging infrastructure. The committee assesses compliance with all terms and conditions outlined in the Odisha MSME Development Policy 2022. The selection process ensures that only genuinely new enterprises making qualified and verifiable investments, which align with the policy's objectives, receive the subsidy, promoting transparency and accountability in the disbursement of public funds.

Odisha E-Vehicle Component & Charging Subsidy

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