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    India Automotive Electric Bus Market

    ID: MRFR/AM/52455-HCR
    200 Pages
    Rahul Gotadki
    September 2025

    India Automotive Electric Bus Market Research Report By Type (Single-Decker, Double-Decker), By Propulsion (BEV, PHEV, FCEV) and By Length (6 to 8 m, 9 to 12 m, Above 12 m)- Forecast to 2035

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    Table of Contents

    India Automotive Electric Bus Market Summary

    The India Automotive Electric Bus market is projected to experience substantial growth, reaching 1013.8 USD Billion by 2035.

    Key Market Trends & Highlights

    India Automotive Electric Bus Key Trends and Highlights

    • The market valuation is expected to grow from 61.4 USD Billion in 2024 to 1013.8 USD Billion by 2035.
    • The compound annual growth rate (CAGR) for the period 2025-2035 is estimated at 29.04%.
    • This rapid expansion indicates a robust demand for electric buses in the Indian automotive sector.
    • Growing adoption of electric buses due to increasing environmental concerns is a major market driver.

    Market Size & Forecast

    2024 Market Size 61.4 (USD Billion)
    2035 Market Size 1013.8 (USD Billion)
    CAGR (2025-2035) 29.04%

    Major Players

    Volvo Eicher Commercial Vehicles, BYD Auto, JBM Auto, Scania CV, GreenCell Mobility, Hindustan Aeronautics Limited, Bombardier Transportation, Mahindra Electric Mobility, Olectra Greentech, Eicher Motors, Isuzu Motors, Ashok Leyland, Alektron Motors, Tata Motors, Hero Electric

    India Automotive Electric Bus Market Trends

    The India Automotive Electric Bus Market is experiencing a significant shift as cities push towards sustainable public transportation solutions. Key market drivers in this evolution include the Indian government's commitment to reducing carbon emissions and enhancing urban mobility. Initiatives like the Faster Adoption and Manufacturing of Electric Vehicles (FAME) scheme have been instrumental in promoting electric buses, emphasizing the need for clean energy alternatives in public transport. Furthermore, the increasing awareness of environmental issues among consumers is driving demand for electric vehicles, including buses. 

    Opportunities to be explored or captured in this market are vast.Now, the State governments are paying more attention to developing the electric bus infrastructure. This includes the installation of electric vehicle charging stations and providing subsidies for fleet operators to shift from diesel to electric buses. This investment is in tandem with India’s attempt to reduce air pollution and meet energy efficiency goals. 

    Also, it can be noted that support from the government and private sectors together can speed up the expansion of electric bus technology because manufacturers and local governments can join forces to improve the services and infrastructure provided. More and more cities in India are adopting electric buses, propelled by pilot projects and subsidized fleet upgrades.

    Increasingly, many cities are setting targets for adopting exclusively electric public transport by certain timelines, further highlighting the momentum. The development of indigenous electric bus models, coupled with enhanced battery technology, is also fostering confidence in the industry's future, ensuring that India remains competitive in the global electric vehicle market. As sustainability becomes a priority, the Indian Automotive Electric Bus Market is set to grow substantially in the coming years.

    India Automotive Electric Bus Market Drivers

    Market Segment Insights

    India Automotive Electric Bus Market Segment Insights

    India Automotive Electric Bus Market Segment Insights

    Automotive Electric Bus Market Type Insights

    Automotive Electric Bus Market Type Insights

    The India Automotive Electric Bus Market is witnessing a transformative shift, particularly within the Type segment, which is primarily divided into Single-Decker and Double-Decker buses. Single-Decker buses are a significant player in urban transportation due to their smaller size and versatility, making them ideal for navigating congested city streets and providing efficient public transportation solutions. The growing need for sustainable urban mobility solutions has driven the adoption of electric Single-Decker buses, as they provide a cleaner and greener alternative to traditional diesel-powered vehicles. 

    Moreover, their ability to integrate well with existing infrastructure further solidifies their importance in the India Automotive Electric Bus Market. On the other hand, Double-Decker buses have carved out their niche in the market, largely due to their capacity to accommodate a larger number of passengers. This characteristic is particularly advantageous in densely populated urban areas where maximizing passenger capacity is crucial. Double-Decker buses are often perceived as an iconic part of public transport networks, enhancing the overall appeal of mass transit systems.

    With a focus on reducing traffic congestion and improving air quality in cities, the popularity of electric Double-Decker buses is projected to grow, supported by governmental initiatives promoting cleaner public transportation. 

    The growth trajectory of both Single-Decker and Double-Decker buses in the India Automotive Electric Bus Market emphasizes their adaptability to meet the needs of the urban populace while addressing the pressing issues of climate change and urban pollution. Moreover, government incentives and policies aimed at bolstering electric vehicle adoption are expected to provide a conducive environment for these types of electric buses, ultimately fostering their growth in the market. Each type serves a critical function, and their unique features cater to different transportation demands, illustrating the diversity within the India Automotive Electric Bus Market segmentation.

    Automotive Electric Bus Market Propulsion Insights

    Automotive Electric Bus Market Propulsion Insights

    The Propulsion segment of the India Automotive Electric Bus Market is a key driver of innovation and sustainability in the transportation industry. This segment primarily encompasses Battery Electric Vehicles (BEV), Plug-in Hybrid Electric Vehicles (PHEV), and Fuel Cell Electric Vehicles (FCEV). Each of these technologies plays a significant role in reducing emissions and improving energy efficiency.

    BEVs are increasingly popular due to their zero-emission capabilities, making them essential for urban public transport in India, where air quality is a pressing concern.PHEVs offer flexibility by combining conventional engines with electric propulsion, allowing for extended range and ease of transition to electric driving. 

    Meanwhile, FCEVs present a promising alternative with innovative hydrogen technology, contributing to energy diversification and sustainability efforts. The growing government initiatives aimed at promoting electric mobility, along with the increasing focus on renewable energy, are propelling the growth of these propulsion technologies. The awareness of environmentally friendly public transport options is vital in shaping the future landscape of the India Automotive Electric Bus Market, reinforcing the importance of electric and hybrid technologies in achieving sustainability goals and improving public health in urban environments.

    Automotive Electric Bus Market Length Insights

    Automotive Electric Bus Market Length Insights

    The India Automotive Electric Bus Market has seen a focused expansion in the Length segment, which includes varying sizes such as 6 to 8 meters, 9 to 12 meters, and Above 12 meters. The government's push for sustainable and eco-friendly transportation solutions has driven the growth of electric buses, establishing a shift from traditional diesel variants. The 6 to 8-meter buses cater to shorter urban routes, emphasizing maneuverability and efficiency, thus playing a crucial role in enhancing the accessibility of public transport in crowded cities.

    Meanwhile, 9 to 12-meter buses serve as an ideal middle ground, balancing capacity with operational efficiency, which makes them popular for medium-distance travel. The Above 12-meter category significantly dominates the market by accommodating larger passenger capacities, making them suitable for intercity and long-distance operations. This diversification in Length has implicit advantages, allowing cities to tailor their public transport strategies effectively while addressing the growing demand for cleaner urban mobility solutions. Overall, the emphasis on Longer electric buses in India underlines a commitment to modernization in public transportation, reflecting a broader trend toward sustainable urban development.

    Get more detailed insights about India Automotive Electric Bus Market Research Report- Forecast To 2035

    Regional Insights

    Key Players and Competitive Insights

    The India Automotive Electric Bus Market is evolving rapidly, characterized by increasing demand for sustainable transportation solutions and government initiatives promoting electric mobility. Major players are expanding their footprints in this sector by leveraging advancements in electric vehicle technology and the growing awareness of environmental concerns among consumers. The market is highly competitive, with several domestic and international manufacturers striving to establish a solid presence. Key factors shaping this market include advancements in battery technology, infrastructure development for charging stations, and favorable policies that support the adoption of electric buses. 

    Collaboration with public transportation systems and fleet operators is becoming crucial for success in this sector, as companies strive to meet the rising expectations for energy efficiency and reduced emissions. Volvo Eicher Commercial Vehicles is a significant player in the India Automotive Electric Bus Market, leveraging its robust engineering capabilities and brand reputation for reliability. The company has positioned itself to respond to the growing need for electric bus solutions, integrating advanced technologies into its offerings.

    Its strengths lie in its extensive service network, commitment to quality, and focus on safety features, which resonate well with public transport authorities and private operators. 

    Volvo Eicher has established partnerships with various stakeholders in the bus segment, enhancing its market presence. The company's strategic approach emphasizes the importance of local manufacturing and technological collaboration, allowing it to cater to regional market dynamics effectively while also addressing the sustainability goals of urban transport systems.BYD Auto stands out in the India Automotive Electric Bus Market due to its comprehensive range of electric buses that are known for their innovative designs and advanced battery technology. The company's product portfolio includes buses that serve diverse operational needs, from urban transit to intercity services.

    BYD Auto has a significant market presence in India, capitalizing on the growing demand for electric public transport. Its strengths include a strong supply chain management system and expertise in battery technology, which provide it with a competitive edge. 

    Additionally, BYD has pursued strategic partnerships and collaborations to enhance its market reach and expand its production capabilities. This includes local assembly initiatives, which not only cater to domestic demand but also align with government initiatives promoting Make in India. The company's commitment to research and development translates into continuous improvement of its offerings, establishing BYD as a formidable competitor in the electric bus segment within the Indian market.

    Key Companies in the India Automotive Electric Bus Market market include

    Industry Developments

    Recent developments in the India Automotive Electric Bus Market show a robust growth trajectory, with companies like Tata Motors and Ashok Leyland leading the electric vehicle transition. In September 2023, Tata Motors announced plans to expand its electric bus fleet with a focus on city transport solutions, addressing urban pollution concerns. Meanwhile, in August 2023, Ashok Leyland secured a significant order from the Delhi Transport Corporation for the supply of electric buses, further solidifying its stake in the market. 

    Among notable current affairs, BYD Auto is enhancing its production capabilities in India to meet increasing demand, while Eicher Motors is investing in eco-friendly technologies to bolster its Electric Vehicle segment. In terms of mergers and acquisitions, Mahindra Electric Mobility announced its acquisition of a minority stake in Alektron Motors in July 2023, highlighting the trend towards collaboration in the electric space. 

    Overall, the combined efforts of these companies and the supportive government policies towards electric mobility aim to place India at the forefront of sustainable urban transportation, with a projected increase in market valuation catalyzing innovation and competition.

    Market Segmentation

    Automotive Electric Bus Market Type Outlook

    • Single-Decker
    • Double-Decker

    Automotive Electric Bus Market Length Outlook

    • 6 to 8 m
    • 9 to 12 m
    • Above 12 m

    Automotive Electric Bus Market Propulsion Outlook

    • BEV
    • PHEV
    • FCEV

    Report Scope

    Report Attribute/Metric Source: Details
    MARKET SIZE 2023 44.93 (USD Billion)
    MARKET SIZE 2024 61.38 (USD Billion)
    MARKET SIZE 2035 1013.83 (USD Billion)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 29.04% (2025 - 2035)
    REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR 2024
    MARKET FORECAST PERIOD 2025 - 2035
    HISTORICAL DATA 2019 - 2024
    MARKET FORECAST UNITS USD Billion
    KEY COMPANIES PROFILED Volvo Eicher Commercial Vehicles, BYD Auto, JBM Auto, Scania CV, GreenCell Mobility, Hindustan Aeronautics Limited, Bombardier Transportation, Mahindra Electric Mobility, Olectra Greentech, Eicher Motors, Isuzu Motors, Ashok Leyland, Alektron Motors, Tata Motors, Hero Electric
    SEGMENTS COVERED Type, Propulsion, Length
    KEY MARKET OPPORTUNITIES Government incentives for electric vehicles, Growing demand for public transport, Expansion of charging infrastructure, Rising environmental awareness, Technological advancements in battery efficiency
    KEY MARKET DYNAMICS Government incentives, Rising environmental concerns, Technological advancements, Charging infrastructure development, Increased urbanization
    COUNTRIES COVERED India

    Market Highlights

    Author
    Rahul Gotadki
    Assistant Manager

    He holds an experience of about 7+ years in Market Research and Business Consulting, working under the spectrum of Life Sciences and Healthcare domains. Rahul conceptualizes and implements a scalable business strategy and provides strategic leadership to the clients. His expertise lies in market estimation, competitive intelligence, pipeline analysis, customer assessment, etc. In addition to the above, his other responsibility includes strategic tracking of high growth markets & advising clients on the potential areas of focus they could direct their business initiatives

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    FAQs

    What is the projected market size of the India Automotive Electric Bus Market by 2024?

    The projected market size of the India Automotive Electric Bus Market is expected to be valued at 61.38 USD Billion by 2024.

    What will the market size of the India Automotive Electric Bus Market be in 2035?

    By 2035, the market size of the India Automotive Electric Bus Market is expected to reach 1013.83 USD Billion.

    What is the expected compound annual growth rate (CAGR) for the India Automotive Electric Bus Market from 2025 to 2035?

    The expected CAGR for the India Automotive Electric Bus Market is 29.04% from 2025 to 2035.

    What are the key players in the India Automotive Electric Bus Market?

    Key players in the India Automotive Electric Bus Market include companies such as Volvo Eicher Commercial Vehicles, BYD Auto, JBM Auto, and Tata Motors.

    What is the expected market value of Single-Decker buses in 2024?

    The market value of Single-Decker buses in the India Automotive Electric Bus Market is expected to be 32.55 USD Billion in 2024.

    How much is the market for Double-Decker buses expected to be valued at in 2035?

    The market for Double-Decker buses is projected to be valued at 481.32 USD Billion by 2035.

    What are the dominant segments driving growth in the India Automotive Electric Bus Market?

    The dominant segments driving growth in the market are Single-Decker and Double-Decker electric buses.

    What opportunities exist in the India Automotive Electric Bus Market from 2025 to 2035?

    There are significant opportunities in the market driven by government initiatives and the growing demand for sustainable transportation.

    What challenges does the India Automotive Electric Bus Market currently face?

    Challenges include high initial costs and the need for adequate charging infrastructure to support electric buses.

    What impact do current global conflicts have on the India Automotive Electric Bus Market?

    Current global conflicts may influence supply chain dynamics and potentially impact the availability of components for electric buses.

    1. EXECUTIVE
    2. SUMMARY
    3. Market Overview
    4. Key Findings
    5. Market Segmentation
    6. Competitive Landscape
    7. Challenges and Opportunities
    8. Future Outlook
    9. MARKET INTRODUCTION
    10. Definition
    11. Scope of the study
    12. Research Objective
    13. Assumption
    14. Limitations
    15. RESEARCH
    16. METHODOLOGY
    17. Overview
    18. Data
    19. Mining
    20. Secondary Research
    21. Primary
    22. Research
    23. Primary Interviews and Information Gathering
    24. Process
    25. Breakdown of Primary Respondents
    26. Forecasting
    27. Model
    28. Market Size Estimation
    29. Bottom-Up
    30. Approach
    31. Top-Down Approach
    32. Data
    33. Triangulation
    34. Validation
    35. MARKET
    36. DYNAMICS
    37. Overview
    38. Drivers
    39. Restraints
    40. Opportunities
    41. MARKET FACTOR ANALYSIS
    42. Value chain Analysis
    43. Porter's
    44. Five Forces Analysis
    45. Bargaining Power of Suppliers
    46. Bargaining
    47. Power of Buyers
    48. Threat of New Entrants
    49. Threat
    50. of Substitutes
    51. Intensity of Rivalry
    52. COVID-19
    53. Impact Analysis
    54. Market Impact Analysis
    55. Regional
    56. Impact
    57. Opportunity and Threat Analysis
    58. India
    59. Automotive Electric Bus Market, BY Type (USD Billion)
    60. Single-Decker
    61. Double-Decker
    62. India
    63. Automotive Electric Bus Market, BY Propulsion (USD Billion)
    64. BEV
    65. PHEV
    66. FCEV
    67. India
    68. Automotive Electric Bus Market, BY Length (USD Billion)
    69. to 8 m
    70. to 12 m
    71. Above 12
    72. m
    73. Competitive Landscape
    74. Overview
    75. Competitive
    76. Analysis
    77. Market share Analysis
    78. Major
    79. Growth Strategy in the Automotive Electric Bus Market
    80. Competitive
    81. Benchmarking
    82. Leading Players in Terms of Number of Developments
    83. in the Automotive Electric Bus Market
    84. Key developments
    85. and growth strategies
    86. New Product Launch/Service Deployment
    87. Merger
    88. & Acquisitions
    89. Joint Ventures
    90. Major
    91. Players Financial Matrix
    92. Sales and Operating Income
    93. Major
    94. Players R&D Expenditure. 2023
    95. Company
    96. Profiles
    97. Volvo Eicher Commercial Vehicles
    98. Financial
    99. Overview
    100. Products Offered
    101. Key
    102. Developments
    103. SWOT Analysis
    104. Key
    105. Strategies
    106. BYD Auto
    107. Financial
    108. Overview
    109. Products Offered
    110. Key
    111. Developments
    112. SWOT Analysis
    113. Key
    114. Strategies
    115. JBM Auto
    116. Financial
    117. Overview
    118. Products Offered
    119. Key
    120. Developments
    121. SWOT Analysis
    122. Key
    123. Strategies
    124. Scania CV
    125. Financial
    126. Overview
    127. Products Offered
    128. Key
    129. Developments
    130. SWOT Analysis
    131. Key
    132. Strategies
    133. GreenCell Mobility
    134. Financial
    135. Overview
    136. Products Offered
    137. Key
    138. Developments
    139. SWOT Analysis
    140. Key
    141. Strategies
    142. Hindustan Aeronautics Limited
    143. Financial
    144. Overview
    145. Products Offered
    146. Key
    147. Developments
    148. SWOT Analysis
    149. Key
    150. Strategies
    151. Bombardier Transportation
    152. Financial
    153. Overview
    154. Products Offered
    155. Key
    156. Developments
    157. SWOT Analysis
    158. Key
    159. Strategies
    160. Mahindra Electric Mobility
    161. Financial
    162. Overview
    163. Products Offered
    164. Key
    165. Developments
    166. SWOT Analysis
    167. Key
    168. Strategies
    169. Olectra Greentech
    170. Financial
    171. Overview
    172. Products Offered
    173. Key
    174. Developments
    175. SWOT Analysis
    176. Key
    177. Strategies
    178. Eicher Motors
    179. Financial
    180. Overview
    181. Products Offered
    182. Key
    183. Developments
    184. SWOT Analysis
    185. Key
    186. Strategies
    187. Isuzu Motors
    188. Financial
    189. Overview
    190. Products Offered
    191. Key
    192. Developments
    193. SWOT Analysis
    194. Key
    195. Strategies
    196. Ashok Leyland
    197. Financial
    198. Overview
    199. Products Offered
    200. Key
    201. Developments
    202. SWOT Analysis
    203. Key
    204. Strategies
    205. Alektron Motors
    206. Financial
    207. Overview
    208. Products Offered
    209. Key
    210. Developments
    211. SWOT Analysis
    212. Key
    213. Strategies
    214. Tata Motors
    215. Financial
    216. Overview
    217. Products Offered
    218. Key
    219. Developments
    220. SWOT Analysis
    221. Key
    222. Strategies
    223. Hero Electric
    224. Financial
    225. Overview
    226. Products Offered
    227. Key
    228. Developments
    229. SWOT Analysis
    230. Key
    231. Strategies
    232. References
    233. Related
    234. Reports
    235. LIST
    236. OF ASSUMPTIONS
    237. India Automotive Electric Bus Market SIZE
    238. ESTIMATES & FORECAST, BY TYPE, 2019-2035 (USD Billions)
    239. India
    240. Automotive Electric Bus Market SIZE ESTIMATES & FORECAST, BY PROPULSION, 2019-2035
    241. (USD Billions)
    242. India Automotive Electric Bus Market SIZE
    243. ESTIMATES & FORECAST, BY LENGTH, 2019-2035 (USD Billions)
    244. PRODUCT
    245. LAUNCH/PRODUCT DEVELOPMENT/APPROVAL
    246. ACQUISITION/PARTNERSHIP
    247. LIST
    248. Of figures
    249. MARKET SYNOPSIS
    250. INDIA
    251. AUTOMOTIVE ELECTRIC BUS MARKET ANALYSIS BY TYPE
    252. INDIA
    253. AUTOMOTIVE ELECTRIC BUS MARKET ANALYSIS BY PROPULSION
    254. INDIA
    255. AUTOMOTIVE ELECTRIC BUS MARKET ANALYSIS BY LENGTH
    256. KEY
    257. BUYING CRITERIA OF AUTOMOTIVE ELECTRIC BUS MARKET
    258. RESEARCH
    259. PROCESS OF MRFR
    260. DRO ANALYSIS OF AUTOMOTIVE ELECTRIC BUS
    261. MARKET
    262. DRIVERS IMPACT ANALYSIS: AUTOMOTIVE ELECTRIC BUS
    263. MARKET
    264. RESTRAINTS IMPACT ANALYSIS: AUTOMOTIVE ELECTRIC
    265. BUS MARKET
    266. SUPPLY / VALUE CHAIN: AUTOMOTIVE ELECTRIC
    267. BUS MARKET
    268. AUTOMOTIVE ELECTRIC BUS MARKET, BY TYPE, 2025
    269. (% SHARE)
    270. AUTOMOTIVE ELECTRIC BUS MARKET, BY TYPE, 2019
    271. TO 2035 (USD Billions)
    272. AUTOMOTIVE ELECTRIC BUS MARKET,
    273. BY PROPULSION, 2025 (% SHARE)
    274. AUTOMOTIVE ELECTRIC BUS
    275. MARKET, BY PROPULSION, 2019 TO 2035 (USD Billions)
    276. AUTOMOTIVE
    277. ELECTRIC BUS MARKET, BY LENGTH, 2025 (% SHARE)
    278. AUTOMOTIVE
    279. ELECTRIC BUS MARKET, BY LENGTH, 2019 TO 2035 (USD Billions)
    280. BENCHMARKING
    281. OF MAJOR COMPETITORS

    India Automotive Electric Bus Market Segmentation

     

     

     

    • Automotive Electric Bus Market By Type (USD Billion, 2019-2035)

      • Single-Decker
      • Double-Decker

     

    • Automotive Electric Bus Market By Propulsion (USD Billion, 2019-2035)

      • BEV
      • PHEV
      • FCEV

     

    • Automotive Electric Bus Market By Length (USD Billion, 2019-2035)

      • 6 to 8 m
      • 9 to 12 m
      • Above 12 m

     

     

     

     

     

     

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