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E-buses to drive 50% of India business by FY27: JBM Auto's Nishant Arya
E-buses account for 35% of JBM Auto's revenue at present. The company, a key player in India's automotive sector, particularly in the e-bus segment, has a 30-40 per cent market share in the country
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JBM Auto and JBM Electric sold 379 e-buses in FY25 against 530 in FY24 and 8 so far, according to the Vahan portal data
Electric buses (e-buses) will make up half of JBM Auto’s India business by 2026-27 (FY27), company’s vice-chairman and managing director, Nishant Arya, told Business Standard in an interview. The company has an order book of more than 10,000 e-buses which it hopes to deliver in the next two years, Arya added. The company received an order size of around 6,300 in 2023-24 (FY24).
E-buses account for 35 per cent of JBM Auto’s revenue at present. The company, a key player in India’s automotive sector, particularly in the e-bus segment, has a 30-40 per cent market share in the country.