India finalizes largest electric bus tender for 10,900 units
pre-market1 source ↓written by the desknot a recommendation
- under the PM
- 10,900 buses
- largest share
- 5,210 buses
- efficiency starting
- 2026-27
The Union government has finalized India’s largest electric bus tender for 10,900 buses under the PM E-DRIVE initiative. PMI Electro secured the largest share with 5,210 buses, enhancing its market position. This deployment aims to reduce emissions and improve urban transport efficiency starting from 2026-27.
The tender represents a significant move towards cleaner public transport, potentially boosting demand for electric vehicle components and infrastructure.
Not investment advice. For informational purposes only.