
Govt floats tender for 10.9K electric buses under PM e-drive scheme
Bengaluru, infamous for its traffic snarls, has got the highest allocation with 4,500 buses, with Delhi getting 2,800 buses. The three other cities chosen under the scheme so far are Hyderabad (2,000), Ahmedabad (1,000) and Surat (600). The tender is floated at a time when Indian cities are struggling with a low number of public buses leading to overcrowding and private vehicle usage.
A recent report by consultancy firm Kearney found that there are an average of 0.26 buses per 1,000 residents in the top four megacities compared to the threshold of 0.6.
The buses will be of 9m and 12m length with yearly assured service of 64,800km and 72,000km, respectively, for 12 years, according to the tender document. The tendering process is being conducted by the Union ministry of power, new and renewable energy-owned Convergence Energy Services Ltd (CESL) under a Gross Cost Contract model, as was done for the PM-eBus Sewa scheme meant for smaller cities without formal public transport.
The expression of interest from state government authorities for the scheme was sought from November 2024. According to the policy document, an assessment matrix has been developed to evaluate the performance of states in promoting EV charging infrastructure development. This matrix includes parameters across three main categories: existing EV policies, EV penetration, and enablers for deploying EV charging stations.
The scheme operated by the Union ministry of heavy industries was approved by the Cabinet in September 2024 for procuring 14,028 e-buses along with 2.479 million e-2-wheelers, and 316,000 e-3-wheelers. The drive towards electrification in the automotive sector is in line with India's net-zero target by 2070. The PM e-drive scheme was preceded by the Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles in India (FAME) scheme.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


The Hindu
27 minutes ago
- The Hindu
India's lone female driver in Asia Pacific Rally Championship, Nikeeta Takale aspires to shine in WRC and Dakar
The only Indian female driver in the Asia Pacific Rally Championship (APRC), Nikeeta Takale, who won three podiums in the Sumatera Utara Rally, aspires to participate in the World Rally Championships and the gruelling Dakar Rally after achieving success. Takale, with her co-driver Sudhindra BG won three titles in the third round of APRC which concluded on Sunday, bagging APRC RC4 class, APRC Ladies Class and Sumatera Rally RC4 category. Her exploits have made her eligible to participate in the APRC Finals in Japan scheduled for November 6-8. 'This is my second APRC because two years back, I got qualified in India. But due to some reasons, I could not go to the finals. But this time I made it over here. And Japan is 100 per cent on track,' she told PTI. 'Being in the sport, everyone's goal. This is the dream come true rally for me, the APRC, which I had dreams of in 2022. So, step by step, I really want to do many more internationals. 'I want to gain more experience. I want to train with big trainers. And then obviously the WRC is my dream to drive,' Takale added. Takale, who began her motorsports journey in 2016, was inspired by her uncle, veteran rally driver Sanjay Takale, though she admits they rarely spoke about the sport. 'My first ever autocross I did when I wasn't even 18 years old. I took a three year gap but In 2021, there was autocross back in Pune, when I came there,' she said. 'In that autocross, I got the best amateur, the fastest driver amongst the guys. So that was the real energy that I got that yes, I have to be there in this sport. And that encouraged me a lot.' Takale, representing JK Racing, won her 100th podium in career after winning this rally and wants to increase the number further. 'I started my career in 2021 and it has been up and down,' said the 24-year-old, who is being supported by Vamcy Merla Motorsports. 'I got an opportunity for the Rally Star Hunt event, in which I was selected from Bangalore. So I was very happy. I kept winning, I kept putting my efforts. I had made a century in my podiums after winning this rally.' Takale also emphasised that motorsport is about more than just speed. 'The sport is not only about driving fast. It needs too many techniques. You need to learn the track. As with the track, your driving changes. And yes, I did train. I've trained with many different trainers from India. It has changed me a lot. I have become a more technical and professional driver now,' she said. Takale credits her father and husband as the two key figures behind her continued success in the sport. 'I'm a married woman who's there in motorsports now. If he (husband) wasn't, in these four years, I do not think I would have got into motorsports. It's been one and a half year, I can say now. The moment I entered motorsports, I gave in,' she said. 'No, he always tells me, whenever you take the name motorsports, keep me away. You please go enjoy, because he's a person who loves cars a lot. It's like you're destroying the car. So we are two different personalities in one house. 'For me, to start my motorsports career, the only man behind me was my dad, till the date and will always be him. The second man in my life was my husband. And he will obviously support me till I achieve my dreams.' Related Topics World Rally Championship


New Indian Express
27 minutes ago
- New Indian Express
Talented Nikeetaa living her dream, one race at a time
MEDAN (INDONESIA): As India signed off from the Sumatera Utara Rally — third round of the FIA Asia Pacific Rally Championship — with stunning podium finishes, it was a day to remember for Nikeetaa Takkale, who finished first in the APRC RC4 and went on to top the Ladies category. The 24-year-old driver from Pune, who is also the only Indian woman in the competition, came into the event with a mission of completing a hundred podium finishes and qualifying for the final in Japan and she did just that. Four years ago, all this was not even in the realm of things for Nikeetaa. Niece of Sanjay Takkale, a veteran rally driver from the country, Nikeetaa got a taste of driving very early on in her life. However, it was not until 2021 that she took racing seriously. "I never went to my uncle's rallies and all. One day in 2021, my dad (Nitin Takkale) called me in the morning, saying that I had to be there for the event. I said, 'I have my college exams.' He said, 'No, you just be here for five minutes'. I went there; it was an autocross event, but then I ran off. The second day, they called me, they filled my form, and they really wanted me to drive," Nikeetaa, who is supported by Vamcy Merla Motorsports and represents team JK Racing, recalls. "I'm a driver who used to drive very fast on the streets. So they wanted to stop my driving on the street and asked me to come to the track. I got the best amateur, the fastest driver amongst the guys," she adds. Not only that, but she also won the Ladies category title. Being in the middle of it all and the fastest amateur driver on both days gave her real energy. "It made me feel, 'I have to be in this sport'. That encouraged me a lot," she says. From then on, life has changed drastically for Nikeetaa. Motorsports became her life. Every minute she spent on or off the track was about motorsports. Much like life, her motorsport career has its share of ups and downs, but Nikeeta has maintained a steady rise. Whether it is becoming the fastest driver in the INAC autocross west zone, stealing the show at The Rally Star Cup or winning the Ladies Cup in Chennai, the 24-year-old has left a notable impression on everything she has touched so far. In all this, the support from her family, especially her father and husband, has been immense. "For me, to start my motorsports career, the only man behind me was my dad, till the day. And, it will always be him. The second man in my life was my husband. He will support me till I achieve my dreams," says the talented racer who switches to a completely different personality when she is off the track. 'Off the track, I'm too much into traditional touch. No one will guess that, 'oh, she's a rally driver'. But when they see me on track, yeah, they will be like, 'oh, cool',' says Nikeeta. For someone who did not want to talk too much about the final in Japan ahead of the event in Indonesia, Nikeeta's goal is to compete at the World Rally Championship and Dakar Rally. "This is the dream come true rally for me, the APRC, which I had dreamed of in 2022. So, yeah, slowly, step-by-step, I really want to do many more internationals. I want to gain more experience. I want to train with big trainers and then obviously my dream is to drive in the WRC," she said. She has ticked off one more step in Indonesia towards her dream. Her next stop, Japan in November.
&w=3840&q=100)

Business Standard
39 minutes ago
- Business Standard
US tariff impact: Diamonds, shrimps, textiles most vulnerable, says Crisil
Diamond polishing, shrimp, home textiles, and carpets are among the sectors most vulnerable to the adverse effects of the 50 per cent tariffs that the United States (US) plans to impose on Indian imports, Crisil said in a report. The US administration currently levies a 25 per cent tariff on Indian imports. An additional 25 per cent tariff — to take effect two weeks from now as a penalty for India's purchase of Russian crude oil — will take the cumulative additional tariff to 50 per cent. For other sectors such as ready-made garments (RMG), agrochemicals, specialty chemicals, and capital goods, the impact of the 25 per cent reciprocal tariff is likely to be more manageable, given moderate US exposure of 5–20 per cent of overall revenue, and a limited tariff disadvantage that may allow companies to partly pass on the impact to customers. 'Additionally, the move to impose an additional 25 per cent tariff with effect from August 27, 2025, as a penalty for importing crude oil from Russia, will make Indian exports to the US unviable for the aforesaid (diamond polishing, shrimp, home textiles, and carpets) as well as other sectors including RMG, chemicals, agrochemicals, capital goods, and solar panel manufacturing, which have sizable trade exposure to the US,' Crisil said. The 25 per cent reciprocal tariff that came into force on August 7 is higher than that faced by most of India's Asian competitors. Sectors such as diamond polishing, shrimp, and home textiles may see sales volumes decline due to heavy reliance on US trade, while costs will rise due to partial absorption of tariffs, affecting earnings. The extent of the impact will vary depending on sectoral exposure, the ability to pass on incremental costs to customers, and relative tariff disadvantage versus competing nations. 'A potential second-order impact, including a slowdown in US demand and disparate tariffs across nations that could alter global trade dynamics, also warrants close monitoring,' the report said, adding that any potential trade agreement between India and the US in the coming days will bear watching. However, strong corporate balance sheets, potential bilateral trade agreements with other countries, and possible Indian government support for impacted sectors could mitigate the credit impact to some extent, it added. The US is India's largest trade partner and export destination. In FY24, India exported goods worth $86.5 billion to the US, accounting for a fifth of India's merchandise exports. Sectoral Impact Diamond polishing: Exports to the US accounted for about 25% of total revenue in FY25. The tariff will put more pressure on the sector's modest operating margins due to reduced fixed-cost coverage and the need to bear higher tariff costs. US retailers have shown limited willingness to absorb the additional burden. Shrimp: The US accounts for about 48% of revenue for Indian shrimp exporters. India is now one of the highest-taxed major shrimp exporters to the US due to reciprocal tariffs, countervailing duties, and anti-dumping duties. Operating margins will be further eroded due to additional costs and limited pass-through ability, given stiff competition from Ecuador, which benefits from lower tariffs. Home textiles and carpets: Exports account for 70–75% and 65–70% of total sales, respectively, for these sectors. Of this, the US accounts for about 60% of exports for home textiles and about 50% for carpets. While India currently enjoys some tariff advantage against China, the reciprocal tariff will lead to a material decline in revenue and profits, given the limited ability to pass on higher costs for these discretionary products. RMG: Exports to the US form 10–15% of total revenue and will become completely unviable as the tariff structure will be significantly higher than that of competing manufacturers in China and Vietnam. Agrochemicals: Exports to the US account for 11–12% of sector revenue and will face challenges, with China as a key competitor. The ability to divert products to alternative markets such as Latin American countries will be limited by strong Chinese competition in those regions.