What is the market share of electric bus in India | Trends & Growth Analysis 2026

Code: MTA11441 Publication Date: Dec 2025

What is the share of the India Electric Bus Market?

According to 6Wresearch internal database and industry insights, the India Electric Bus Market is projected to grow at a CAGR of 14.4% during 2026-2032.

This expansion is supported by rising government procurement under national clean mobility programs, increasing demand for sustainable public transport, and growing adoption of battery-electric buses across metropolitan and tier-2 cities. This industry accounted for an estimated market share of nearly 6.2% within the overall bus ecosystem in 2026.

Key Growth Drivers of the India Electric Bus Market

  • Rising adoption of electric mobility solutions in public transport
  • Increasing government-backed deployment through large-scale tenders
  • Growing focus on reducing urban air pollution and emissions
  • Building additional charging infrastructure in cities and bus depots
  • More automotive OEMs are putting money into making electric buses.

India Electric Bus Market Trends

India Electric Bus Market is witnessing rising adoption of battery-electric buses in city fleets as transport authorities emphasize clean and efficient transit solutions. Long-term supply contracts and state-level procurement programs are helping the market gain speed. There is a strong shift toward models that charge quickly and at a depot, which gives businesses more freedom in how they run their operations. Low-floor and air-conditioned e-buses are becoming more popular as they make getting to work more comfortable. The telematics, fleet monitoring, and remote diagnostics are being used together, which is making things work better and last longer. There is a steady rise in demand for long-distance buses that can take people between cities.

Emerging Developments in the India Electric Bus Market

India Electric Bus Market is evolving with advancements in high-energy-density battery packs and improved thermal management systems that enhance efficiency. Manufacturers are developing modular battery technologies for flexible range extension. Pilot programs that use hydrogen fuel-cell electric buses are getting a lot of attention. The programs are helping companies increase their ability to make things to meet rising demand. Smart charging stations that work with energy management systems are starting to show up in big cities. Partnerships between OEMs and state transportation companies are speeding up the rollout. Bus designs that are specific to each region and can handle different types of weather and terrain are also helping the market grow.

List of Leading Companies in the India Electric Bus Market

Some of the leading companies include:

  • Tata Motors
  • JBM Auto
  • Olectra Greentech
  • Ashok Leyland
  • Switch Mobility
  • VE Commercial Vehicles
  • BYD India

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