ACMA Welcomes the Union Budget 2026–27
The Automotive Component Manufacturers Association of India (ACMA) welcomes the Union Budget 2026–27 presented by the Hon’ble Finance Minister, Smt. Nirmala Sitharaman, and commends the Government for a pragmatic and forward-looking budget that reinforces India’s manufacturing priorities, export competitiveness and…
Kunal Arya, Co-founder & MD at Zelio E Mobility
“India’s electric two-wheeler segment has gained strong momentum, and the Union Budget 2026–27 takes a step toward scaling it into a full industrial ecosystem. Focusing on rare earth magnets and dedicated corridors in mineral-rich states is crucial to secure the…
Madhumita Agrawal, Founder & CEO, Oben Electric
“The Union Budget’s focus on expanding the Rare Earth Permanent Magnet Scheme and building dedicated rare earth corridors is a positive step towards reducing import dependence for critical materials used in EV manufacturing. Rare earth magnets, which are key components…
Mr. Jalaj Gupta, Managing Director, Montra Electric
Quote from Mr. Jalaj Gupta, Managing Director, Montra Electric, in response to the Union Budget 2026 announcements on clean mobility, advanced manufacturing, and EV supply chain development. “This year’s Union Budget lays a strong foundation for India’s clean mobility and…
Mr. Nemin Vora, Chief Executive Officer, Odysse Electric
“We laud 6 steps government’s focus on the local manufacturing ecosystem for assisting the mobility ecosystem and empowering the middle-class purchasing power. It’s encouraging to see the government’s effort in promoting green mobility by incentivizing local EV component manufacturing. …
Budget quote from Mr. Arnab Banerjee, MD & CEO, CEAT
“The Union Budget lays a strong foundation for sustained growth across India’s mobility and manufacturing ecosystem, with continued emphasis on infrastructure development, expansion of freight and logistics networks, and focused support for construction and equipment manufacturing directly translating into higher…
Dr. Sudhir Mehta, Founder and Chairman, EKA Mobility
The Union Budget 2026 reinforces India’s resolute commitment to building a sustainable, future-ready mobility ecosystem, and places clean transportation firmly at the centre of the country’s development agenda. The Government’s plan to deploy 4,000 electric buses across multiple regions is…
Mr. Devndra Chawla, MD & CEO, GreenCell Mobility
“The Union Budget 2026–27 clearly signals that electric mobility and sustainable transport are no longer peripheral to India’s growth agenda, but central to it. The planned deployment of 4,000 electric buses across the North-East marks an important acceleration in public…
Eicher Pro X EV becomes first electric truck to finish Kashmir to Kanyakumari in 6-day run
Eicher Trucks and Buses, on Wednesday, announced that its Pro X EV has become the first commercially available electric small truck to complete the Kashmir–Kanyakumari (K2K) route in a fully loaded condition. The company said the run also set the…
Montra Electric Delivers India’s First PM E-DRIVE Certified Heavy-Duty Electric Truck
Montra Electric becomes India’s first heavy-duty electric truck manufacturer to receive PM E-DRIVE certification, delivering the certified Rhino 5538 EV to UltraTech Cement with customer incentives reaching up to ₹9.6 lakh per vehicle. Montra Electric, the electric commercial vehicle business…
