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India finalizes largest electric bus tender for 10,900 units

after close1 source ↓written by the desknot a recommendation

tender
10,900 electric bus
securing
5,210 buses
is set
2026-27

The Union government has finalized a 10,900 electric bus tender under the PM E-DRIVE initiative, aiming to enhance urban mobility and reduce emissions. PMI Electro won the largest share, securing 5,210 buses, nearly half of the total. Deployment is set for 2026-27, marking a significant shift towards green transport in India.

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 28 Dec 2025, 16:07 IST.

Sourcesnews.google.com

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