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Eka and PMI lead electric bus tender over Tata and Ashok Leyland

after close1 source ↓written by the desknot a recommendation

under the PM
6,230 electric buses
largest tender
10,900 e-buses

Eka Mobility and PMI Electro Mobility have secured over two-thirds of India's third-largest tender for 6,230 electric buses under the PM E-Drive scheme. This win follows their success in the largest tender for 10,900 e-buses. The performance of these emerging players raises concerns for established manufacturers like Tata Motors and Ashok Leyland, who are lagging behind in government contracts.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 14 May 2026, 16:12 IST.

Sourcesnews.google.com

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