EKA's $2 billion bus book, ₹2,000 crore capex fuel push into trucks, six-seaters
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓EKA Mobility plans a ₹2,000 crore investment over three years to expand its electric bus, truck, and six-seater manufacturing.
- ✓Chairman Sudhir Mehta said, "We are targeting ₹2,800 crore in combined FY27 revenue." Backed by an 11,000-bus order book worth $2 billion, the company is now pushing into rural transport.
Story at a Glance
- Category
- BUSINESS
- Reported By
- Business Line
- Reading Speed
- 7 Minute(s)
- Market Focus
- India Economy
Sudhir Mehta targets ₹2,800 crore in combined FY27 revenue as EKA Mobility expands manufacturing, electric freight and rural mobility operations
Backed by an 11,000-bus order book valued at nearly $2 billion, including servicing, EKA Mobility plans ₹2,000 crore in capital expenditure over three years to expand electric bus, heavy truck, and six-seater manufacturing. In a conversation with businessline, chairman Sudhir Mehta said it is targeting ₹2,800 crore in combined FY27 revenue across EKA and Pinnacle Industries, betting on electric freight and affordable rural transport to drive the next phase of growth.
Here are the edited excerpts from his interview with businessline:
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