From films to software-new players hop on to India's e-bus ride
New Delhi, Sept. 29 -- What does a television film producer have to do with electric buses? Or, for that matter, a software firm or a solar power one? Quite a lot, it turns out, as India's big electric-bus push draws a surprising mix of businesses into the race.
Bhopal-based Bansal Telefilms Pvt. Ltd, Jaipur-based Stockwell Solar Services Pvt. Ltd and Agra-based Inventive Software Solutions Pvt. Ltd are among the bidders for the latest government tender for over 3,600 electric buses under the PM E-Bus Sewa scheme, which closed on 22 September, according to a bidder list reviewed by Mint. These orders are likely to be awarded within a couple of months.
Their presence shows how the government-backed e-bus market is beginning to stretch we...
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