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India

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 transport electrification, particularly for cities and tourism-intensive regions that are grappling with congestion, pollution and rising mobility demand. Large-scale adoption in public fleets is often the inflection point for electric mobility, and this push strengthens confidence across the ecosystem while also supporting cleaner, more accessible travel for residents and visitors alike.

The emphasis on new national waterways, dedicated freight corridors and high-speed rail connectivity reflects a broader shift towards cleaner, more efficient movement of people and goods. As highlighted in the Budget, these investments are also closely linked to boosting tourism by improving connectivity to pilgrimage circuits, heritage destinations and emerging travel hubs. Reduced dependence on high-emission road transport, combined with stronger last-mile connectivity, is essential for creating integrated and sustainable mobility networks that support both economic activity and tourism-led growth.

When viewed alongside initiatives such as City Economic Regions and the Seaplane VGF Scheme, the Budget points to a more balanced transport strategy that links urban centres, emerging regions and tourist destinations. These measures enhance regional accessibility while creating new opportunities for multimodal, low-carbon transport solutions.

Equally relevant for the sector is the Infrastructure Risk Guarantee Fund, which can help unlock private capital for commercial transport and EV infrastructure. Access to risk-mitigated financing is critical for scaling electric fleets and charging networks at pace, especially across intercity routes and high-footfall travel corridors.

For GreenCell Mobility, these measures create a supportive environment to expand electric bus operations, integrate smart mobility solutions and partner with cities and states on cleaner mass transit systems. Overall, this Budget reinforces a long-term vision for low-carbon, inclusive and future-ready transportation, where sustainable mobility becomes a key enabler of economic growth, tourism development and environmental responsibility.”