Top 10 Bus Companies in India | Travel & Transport 2025

Code: MTA7353 Publication Date: Aug 2025

Top 10 Bus Companies in India

According to 6Wresearch internal database and industry insights, the India Bus Market is projected to grow at significant rate, exhibiting a growth rate (CAGR) of around 7% during the forecast period (2025–2031).

This growth is primarily driven by rising urbanization, government investments in public transportation, and increased demand for electric and fuel-efficient buses. Additionally, smart city initiatives and greater emphasis on clean mobility are pushing market players to scale up production to a great extent.

This report emphasizes the Top 10 Bus Companies in India, as acknowledged through widespread analysis conducted by 6Wresearch internal database. Directed by in-depth market evaluation and industry experts, these leading companies have been known as the primary leaders driving growth and innovation in the India Bus Industry.

List of Leading Companies in the India Bus Market

Below is a comprehensive list of the leading market players driving growth in this sector –

1. MG Group

Company NameMG Group
Established Year1996
HeadquartersZaheerabad, Telangana
Official Website-

MG Group is a prominent bus body manufacturer in India, supplying to major OEMs and offering a wide variety of bus design and engineering services.

2. Tata Motors Limited

Company NameTata Motors Limited
Established Year1945
HeadquartersMumbai, Maharashtra
Official WebsiteClick Here

Tata Motors is one of India's largest commercial vehicle manufacturers, offering a wide range of buses including city, school, intercity, and electric variants.

3. Eicher Motors Limited (VE Commercial Vehicles)

Company NameEicher Motors Limited (VE Commercial Vehicles)
Established Year1982
HeadquartersGlasgow, United Kingdom
Official WebsiteClick Here

Eicher, through its joint venture with Volvo, offers a broad portfolio of buses suited for intra-city and inter-city transportation with a focus on fuel efficiency and reliability.

4. Force Motors Limited

Company NameForce Motors Limited
Established Year1958
HeadquartersPune, Maharashtra
Official WebsiteClick Here

Force Motors produces a range of minibuses and shuttle buses widely used across educational institutions, tourism, and small fleet operators.

5. Ashok Leyland

Company NameAshok Leyland
Established Year1948
HeadquartersChennai, Tamil Nadu
Official WebsiteClick Here

Ashok Leyland is a flagship company of the Hinduja Group and a key player in the Indian bus segment, known for its innovation in electric and CNG buses.

6. JBM Auto Limited

Company NameJBM Auto Limited
Established Year1996
HeadquartersGurugram, Haryana
Official WebsiteClick Here

JBM is emerging as a key electric bus manufacturer in India, offering advanced, sustainable mobility solutions with a strong focus on technology and design.

7. Olectra Greentech Limited

Company NameOlectra Greentech Limited
Established Year2000
HeadquartersHyderabad, Telangana
Official WebsiteClick Here

Olectra is a pioneer in electric bus manufacturing in India, actively involved in public transport modernization through its range of e-buses.

8. BYD India

Company NameBYD India
Established Year2007
HeadquartersChennai, Tamil Nadu
Official WebsiteClick Here

BYD India is contributing to India’s electric bus ecosystem with globally renowned electric vehicle technologies.

9. SML Isuzu Limited

Company NameSML Isuzu Limited
Established Year1983
HeadquartersChandigarh, Punjab
Official WebsiteClick Here

SML Isuzu is known for its range of light and medium-duty buses, offering practical solutions for schools, staff transportation, and public transit.

10. Volvo Buses India

Company NameVolvo Buses India
Established Year2001
HeadquartersBengaluru, Karnataka
Official WebsiteClick Here

Volvo is a premium segment bus manufacturer known for its high-end intercity coaches and city buses with best-in-class comfort and safety features.

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