PMI Electro Mobility has achieved a major milestone by emerging as the top winner in India’s largest electric bus tender conducted under the PM E-DRIVE (Prime Minister Electric Drive Revolution in Innovative Vehicle Enhancement) scheme. The company secured 5,210 e-bus orders out of a total 10,900 allocated, giving it nearly half of the entire tender volume and underscoring its leadership in the fast-growing electric public transport segment.
Dominating a Landmark National Tender
The PM E-DRIVE initiative is one of the country’s most ambitious efforts to electrify public bus fleets, aiming to drive widespread deployment of electric buses across major cities. PMI Electro’s success in this mega tender reflects its competitive positioning, driven by local manufacturing, strategic cost advantages, and strong tender execution capabilities.
By securing a substantial share of orders under this government-backed programme, PMI Electro bolsters its role as a key supplier in India’s electric mobility ecosystem, helping public transport authorities meet sustainability and emission reduction targets.
Growing Market Share and Orders
PMI Electro also commands a significant portion of electric bus sales in India. The company has held a notable share of the domestic e-bus market and maintains a strong order book supported by multiple tender wins and ongoing deliveries. Its growing presence correlates with India’s expanding public transport electrification efforts under national programs.
Strategic Implications for Urban Mobility
The size and scale of PMI Electro’s order book reinforce confidence in homegrown EV technology and manufacturing. As public transit systems increasingly turn to clean energy solutions, electric buses remain central to reducing urban emissions and enhancing sustainable transport. PMI’s leadership position exemplifies how domestic EV OEMs are capturing strategic opportunities in electric bus deployment, while aligning with broader policy goals for decarbonising urban mobility.
This order win not only strengthens PMI Electro’s market leadership but also signals a broader shift toward large-scale adoption of electric buses as India scales up its zero-emission public transport infrastructure in the coming years.
