JBM Auto is gearing up to participate in the recently announced scheme under which 10,000 electric buses will be deployed in 169 cities under the public-private partnership model, a top company official said on Friday. The company, which already has orders for 5,000 electric buses from across the country in its kitty, is looking to go through the policy fine print before deciding its future course of action.
«We are very well positioned with our product range, manufacturing capacity and technology to execute this but definitely we are waiting for further clarity on the policy in the next few weeks,» JBM Group Vice Chairman and Managing Director Nishant Arya told PTI on the sidelines of the B20 Summit here.
He noted that the company is already the largest electric bus maker in the country with a manufacturing capacity of 20,000 electric buses per annum.
«Having over 30 per cent market share and an order book of more than 5,000 electric buses we're delivering buses across India,» Arya said.