1、 2026KPMG.Make the Difference.Electrifying Indias bus industryThe decade of transformationElectrifying Indias bus industry 2026 KPMG Assurance and Consulting Services LLP,an Indian Limited Liability Partnership and a member firm of the KPMG global organization of independent member firms affiliated
2、with KPMG International Limited,a private English company limited by guarantee.All rights reserved.2Table of Contents031.Indian bus market at an inflection point:Shifting gears to electric 052.Public sector leads the charge:Government fleets driving early adoption093.Private operators on the horizon
3、:Preparing for the electric leap154.New players,new dynamics:Specialists and startups reshape the e-bus ecosystem225.Addressing supply chain bottlenecks:Government implements proactive measures256.The road ahead:Strategic imperatives for Indias e-mobility vision28Executive summary 2026 KPMG Assuranc
4、e and Consulting Services LLP,an Indian Limited Liability Partnership and a member firm of the KPMG global organization of independent member firms affiliated with KPMG International Limited,a private English company limited by guarantee.All rights reserved.Electrifying Indias bus industry3 2026 KPM
5、G Assurance and Consulting Services LLP,an Indian Limited Liability Partnership and a member firm of the KPMG global organization of independent member firms affiliated with KPMG International Limited,a private English company limited by guarantee.All rights reserved.Executive summary 1/2Indias bus
6、market is at a pivotal turning point,rebounding strongly after COVID-related disruptions.Historically stable at 35,00050,000 units annually,(1)the sector is set for sustained expansion,driven by fleet modernisation,infrastructure upgrades,and rising mobility needs.Both public and private segments ar