JSW Group Enters Electric Commercial Vehicle Segment With AMPSTAR Brand
- By MT Bureau
- September 22, 2026
JSW Greentech, the commercial electric vehicle arm of JSW Group, has launched the ‘AMPSTAR’ brand, which will design, manufacture, and sell electric buses and trucks in India. The ‘AMPSTAR: powered by JSW’ marks the industrial conglomerate's entry into the commercial mobility market.
The company will offer commercial mobility services alongside its vehicles, including charging infrastructure, vehicle financing, leasing options, Battery as a Service (BaaS) models and aftersales support.
AMPSTAR EVs will be available in power configurations ranging from 150 kW to 500 kW, with the production taking place at a 90-acre manufacturing facility located at the Aurangabad Industrial City (AURIC) in Chhatrapati Sambhajinagar, Maharashtra.
The plant has a planned annual capacity of 15,000 electric buses and trucks and contains a pre-treatment and electro-deposition line for bus manufacturing, an automated truck-cabin assembly line and an integrated battery production system.
The EVs are engineered with software, algorithms and drivetrain logic developed in-house by JSW Greentech. Structural features include a monocoque chassis and a double cooling battery system designed for local road and temperature conditions.
The bus range will span lengths from 7 metres to 18 metres for staff, urban, intercity and school transport, while the truck range will launch with a 55-tonne tractor-trailer, followed by tippers and fixed-body dumpers.
Sajjan Jindal, Chairman, JSW Group, said, "When we decided to enter electric commercial mobility, I saw it as an act of nation-building - moving India's people and goods on power generated within India, rather than fuel sourced from outside. We cannot control global oil prices. But we can control how much we depend on them. If I had to put our ambition for AMPSTAR in one sentence, it's this: we want AMPSTAR to be a catalyst for changing the way India moves. That's no longer just a business question. It's a question of who we want to be as a country. But for every customer to make bold choice of electric bus & truck, the economics have to make the case - not sentiment. When they do, the impact goes far beyond the vehicle itself: energy security, lower logistics costs & greater global competitiveness for Indian industry, a stronger manufacturing ecosystem built here in India, and cleaner future for the next generation. That's the journey AMPSTAR begins today- mile by mile, disrupting the way India moves."
Parth Jindal, JSW Group, said, "AMPSTAR brings the full strength of JSW into commercial mobility, with one ambition: to change how India moves its people and its goods. We spent months listening to customers and stakeholders, and one thing was clear, real barriers to adoption go well beyond the vehicle itself. That is when we started designing around the complete customer journey and created full stack electric commercial mobility solution. AMPSTAR brings together two powerful ideas: 'Amp,' comes from Ampere – the unit of electric current, representing technology that amplifies performance. 'Star’ represents aspiration, leadership and progress. The brand identity reflects that same ambition - modern, forward-moving, built to stand out. This is our promise: to go the distance with every customer, making the transition to electric simpler, more reliable, and more rewarding."
Sumit Mittal, CEO, JSW Greentech, said, "AMPSTAR is our vision for electric commercial mobility, and today marks its beginning. We are designing, engineering and building these vehicles in India, from the ground up - our own drivetrain, our own software, using the best of technologies available, and built for Indian roads and operating conditions. Our range is built to cover the full spectrum. On the bus side, our portfolio will span 7 meter to 18 metre buses, serving diverse applications including staff transportation, city, intercity and school mobility. On the truck side, we are starting with the 55-tonne tractor-trailer — one of the most demanding vehicle architectures with plans to expand into tippers and fixed-body dumpers in the months ahead. India deserves world-class buses and trucks on its own roads, and AMPSTAR is how we deliver that."
Eicher Trucks And Buses Launches AI-Powered Uptime NXT Services
- By MT Bureau
- October 13, 2026
Eicher Trucks & Buses, a division of VE Commercial Vehicles, has introduced Uptime NXT Services supported by an AI-enabled (artificial intelligence) Uptime Centre. The initiative expands the company's aftermarket service ecosystem through connected vehicle data, predictive analytics and service support infrastructure to manage fleet operations.
The Uptime Centre functions as an operational hub connecting transport operators, technicians and engineering teams. Services delivered through the platform include fuel management advisory, driver performance scorecards, vehicle operation insights, remote immobiliser controls and proactive maintenance alerts.
The system integrates with the My Eicher application, which currently connects over 460,000 commercial vehicles across 200,000 fleet accounts to provide real-time vehicle tracking, trip tracking and maintenance monitoring.
B. Srinivas, MD and CEO, VE Commercial Vehicles, said, "For our customers, uptime directly impacts productivity, profitability and business continuity. At Eicher, our vision has therefore been to create an ecosystem that helps keep vehicles operating at their best - everyday. By bringing together connected technology, predictive insights, a responsive service network and strong aftermarket support, we are moving towards a more proactive approach to uptime — one that anticipates customer needs, minimises disruptions and enables customers to run their businesses with greater confidence and predictability. Our ambition is to make uptime a defining part of the Eicher ownership experience."
S S Gill, Chief Commercial Officer, VE Commercial Vehicles, said, "The new Uptime Centre brings together the people, technology and intelligence needed to manage uptime more proactively and at scale. The Uptime Control Tower gives our teams greater visibility across vehicle and service operations, while our Gen AI-powered platform bring actionable intelligence closer to our service teams and technicians. This enables faster diagnosis, better coordination and stronger First-Time-Right performance, helping us reduce disruptions and deliver a more seamless service experience for our customers."
The company first established a centralised Uptime Centre in 2019. The upgraded Uptime NXT architecture introduces an Uptime Control Tower for real-time monitoring of service operations and deploys generative artificial intelligence tools, designated as the Service One platform, to assist dealership technicians with fault diagnostics and repair procedures.
- Ashok Leyland
- Hinduja Group
- Union Bank of India
- Neelakantan
- Alok Kumar
- D S Madhusudhan
- Kapil Pandya
- K M Balaji
- Madhavi Deshmukh
Ashok Leyland Partners Union Bank Of India For Commercial Vehicle Financing
- By MT Bureau
- October 13, 2026
Chennai-headquartered commercial vehicle major Ashok Leyland, the flagship company of the Hinduja Group, has signed a Memorandum of Understanding with Union Bank of India to establish a vehicle financing agreement for purchasers of its commercial vehicles.
The agreement was signed by Neelakantan, Vice-President of Finance at Ashok Leyland and Alok Kumar, General Manager and Zonal Head at Union Bank of India, in the presence of D S Madhusudhan, Head of Sales Finance and Kapil Pandya, Head of Retail and Inventory Finance for Light Commercial Vehicles at Ashok Leyland.
As per the arrangement, Union Bank of India will provide end-to-end vehicle loans with structured repayment schedules across Ashok Leyland's line-up of trucks and buses.
K M Balaji, Whole-Time Director and CFO, Ashok Leyland, said, "Ashok Leyland is delighted to partner with Union Bank of India (UBI) to offer attractive and accessible financing solutions to our customers. This strategic partnership leveraging on UBI Network will further strengthen our market presence by enhancing access to our innovative range of commercial vehicles for businesses across the country. Built on advanced technology and engineered to deliver industry-leading total cost of ownership, our products are designed to drive greater efficiency, productivity and profitability for our customers."
Madhavi Deshmukh, Senior Vice-President and National Sales Head for Medium and Heavy Commercial Vehicles, Ashok Leyland, said, "At Ashok Leyland, we are committed to enabling our customers' growth through innovative products and seamless ownership experience. Our partnership with Union Bank of India (UBI) is a significant step towards making our industry-leading commercial vehicles more accessible with attractive and convenient financing solutions. Together, we aim to empower fleet operators and businesses with greater financial flexibility, while delivering superior value through our technologically advanced products and best-in-class total cost of ownership."
Alok Kumar, General Manager and Zonal Head, Union Bank of India, said, "Union Bank of India is pleased to partner with Ashok Leyland to offer seamless vehicle financing solutions. This collaboration underscores our commitment to enabling businesses with accessible and tailored financial solutions that simplify commercial vehicle ownership and facilitate sustainable growth. By enhancing access to convenient and customer-centric financing solutions, we aim to make vehicle ownership more seamless and accessible, while empowering our customers to strengthen their businesses and pursue new growth opportunities."
The partnership utilises Union Bank of India's national branch network to improve credit flow for transport operators, fleet owners and commercial enterprises acquiring vehicles ranging from light commercial models to heavy-duty trucks and passenger buses.
DRIVN And Purple Bus Expand Fleet Partnership To 276 Electric Intercity Coaches
- By MT Bureau
- October 12, 2026
Electric commercial vehicle leasing platform DRIVN and private intercity bus operator Prasanna Purple Mobility Solutions, operating as Purple Bus, have expanded their electric fleet agreement to 276 buses.
The agreement increases the initial commitment of 100 electric buses, utilising an operating lease model and fleet management software.
The initial deployment covered intercity routes in Western and Southern India, including the Mumbai–Pune, Bengaluru–Chennai and Hyderabad–Vijayawada corridors. The expanded fleet under the Letter of Intent will cover additional routes, including Nagpur–Chandrapur, Nagpur–Amravati and Bengaluru–Tirupati.
DRIVN will supply asset financing, leasing, charging infrastructure management, real-time battery diagnostics and route performance analytics to support the deployment.
Alpna Jain, Co-Founder and Chief Business Officer, DRIVN, said, "Expanding our partnership with Purple Bus marks an important milestone for us at DRIVN. Increasing the initial agreement from 100 buses to a commitment of 276 reflects the strength of the relationship we have built with the team. Our focus is to simplify the transition to electric commercial vehicles by bringing together the financing, vehicles and tech capabilities operators need to run their fleets effectively. We look forward to continuing our work with Purple Bus as its requirements evolve."
Saurabh P Patwardhan, Director, Purple Bus, said, "Our experience with the initial deployment has reinforced a key learning: scaling electric mobility requires not only putting more electric buses on the road, but also building the right ecosystem around them. A nearly three-fold growth in the commitment from our partner reflects our confidence in that approach and our intention is to make electric mobility a larger part of our operations. DRIVN combines operational expertise with a strong technology platform, using real-time data and insights across routes, vehicles and fleet performance to support smarter deployment. We believe this combination will be critical to scaling electric intercity mobility sustainably and efficiently."
The partnership combines Purple Bus's route operations with DRIVN's leasing and data infrastructure to support the transition to electric intercity passenger transport in India.
Mahindra Commences Production Of MAXSEEDER Precision Zero-Till Seeding Machine
- By MT Bureau
- October 12, 2026
Mumbai-headquartered automotive major Mahindra & Mahindra has commenced commercial production and supply of the MAXSEEDER, a precision zero-till, multi-crop seeding machine manufactured under licence from Canadian firm Clean Seed Technologies.
Built at Mahindra's farm machinery plant in Pithampur, Madhya Pradesh, the machinery will launch initially through dealerships in Punjab and Haryana before expanding to other domestic and international agricultural markets.
The MAXSEEDER operates as a tractor-trailed unit compatible with tractors rated at 35 horsepower and above. Engineered for multi-crop seeding across wheat, rice, soybean, maize and cotton, the machine enables direct sowing into paddy residue to eliminate stubble burning.
It features five independent row units with adjustable spacing, multiple metering options and an Electronic Control Unit controlled via a smartphone application to regulate seed and fertiliser dispensing. The unit places urea approximately 1.5 inches below the seed line to improve nutrient uptake and lower input consumption.
Field trials conducted in Punjab and Haryana demonstrated the machine's ability to operate in heavy crop residue with minimal soil disturbance, reducing fuel, labour, and field preparation requirements ahead of planting cycles.
Veejay Nakra, President of the Farm Equipment Business at Mahindra & Mahindra, said, "Mahindra is proud to partner with Clean Seed to deliver sustainable, mechanisation solutions to farmers world over. The patented and innovative ‘zero-till’, multi-crop seeding machine – the MaxSeeder, combined with Mahindra’s world-class manufacturing, ensures benefits for both farmers and the environment. The collaboration also underscores Clean Seed’s confidence in Mahindra’s capabilities and our shared commitment to advancing access to modern farm machinery globally and in India, while showcasing Indian manufacturing excellence on the world stage."
Graeme Lempriere, Chairman and Chief Executive Officer of Clean Seed Capital Group, said, "Seeing our SMART Seeder MINI-MAX enter production at Mahindra is a proud milestone and a testament to years of innovation, collaboration and belief in our vision of delivering sustainable seeding and planting solutions for farmers in India and around the world. I am deeply impressed by Mahindra's scale and manufacturing capabilities and inspired by the commitment and passion the Mahindra team has brought to this project."

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