JBM Auto Ltd's Subsidiary Secures Massive ₹55 Billion Electric Bus Tender

JBM Auto Ltd's subsidiary, JBM Ecolife Mobility, has clinched a significant tender for 1,021 electric buses, with an approximate order value of ₹55 billion. This latest win builds upon the company's recent successes in the electric mobility sector, including a ₹75 billion contract for 1,390 e-buses under the PM-eBus Sewa Scheme45. The new order reinforces JBM's position as a key player in India's transition to sustainable public transportation. With a growing portfolio of e-bus contracts across multiple states, JBM Ecolife continues to demonstrate its commitment to eco-friendly urban mobility solutions. This development is expected to significantly boost JBM Auto's market presence and financial outlook in the coming years.

 

Source: BSE Filings