As on 10.07.2026, a total of 523 e-buses have been - 4th August 2026 - Ministry of Heavy Industries - Gazette Notification PDF
Issued by Ministry of Heavy Industries
Read or download the official PDF of this gazette notification issued by the Ministry of Heavy Industries on 4th August 2026. Classified under Press Release.
Executive Summary & Key Takeaways
Executive Summary This report details the implementation status of various initiatives under the Ministry of Heavy Industries as of mid-2026, specifically focusing on electric vehicle adoption and industrial manufacturing. Key highlights include the deployment of 523 e-buses under the PM-eBus Sewa–PSM Scheme, the cumulative performance of the PLI-Auto scheme through March 2026, and the progress of SAMARTH Centres in promoting Industry 4.0. The document also clarifies the transition from the concluded FAME-II scheme to the current PM E-DRIVE initiative.
Key Points / Main Content
PM-eBus Sewa – Payment Security Mechanism (PSM) Scheme
- Deployment Status: As of July 10, 2026, 523 e-buses have been deployed across India.
- Coverage: The scheme currently covers 27,555 e-buses against a total target of 38,000 units.
- Allocation Breakdown: Covered units include 10,000 from the Ministry of Housing and Urban Affairs (MoHUA), 14,000 from the PM E-DRIVE Scheme, and 3,555 from State/STU initiatives.
- State-Specific Data: 400 e-buses were allocated to Odisha under the MoHUA scheme, though no deployments were recorded as of August 3, 2026.
PLI Scheme for Automobile and Auto Component Industry
- Financial Outlay: The scheme was approved with a budget of Rs. 25,938 crore for Advanced Automotive Products.
- Investment and Sales: As of March 31, 2026, the scheme has generated cumulative investments of Rs. 44,326 crore and incremental sales of Rs. 52,414 crore.
- Economic Impact: The initiative has generated 67,820 jobs and disbursed Rs. 2,386.36 crore in incentives.
Electric Vehicle (EV) Policy Framework
- FAME India Phase II: Successfully concluded on March 31, 2024.
- Current Incentive Scheme: While no "FAME-III" exists, the PM E-DRIVE Scheme was notified on September 24, 2024, with an outlay of Rs. 10,900 crore to accelerate EV adoption.
Industry 4.0 and SAMARTH Centres
- Infrastructure: Four SAMARTH Centres have been established in Pune, Delhi, and Bengaluru to promote smart manufacturing.
- Capacity Building: Since January 2023, these centres have trained 33,751 persons and conducted 332 training programs.
- Expansion Policy: There is currently no proposal to increase the number of Common Engineering Facility Centres under the Capital Goods Sector Phase II.
Impact Analysis
Automotive Manufacturers and Component Suppliers Impact Stakeholders in this sector benefit from the Rs. 25,938 crore PLI budget and the transition to the PM E-DRIVE scheme for EV incentives. Action Required Manufacturers must align production with Advanced Automotive Products (AAT) standards to qualify for remaining incentives and meet incremental sales targets.
State Transport Undertakings (STUs) Impact STUs are the primary beneficiaries of the PM-eBus Sewa–PSM Scheme, which provides a security mechanism for the deployment of 38,000 targeted e-buses. Action Required Allocated states, specifically Odisha, need to expedite the actual deployment of allocated e-bus units to meet scheme objectives.
Industrial Workforce and Engineering Professionals Impact The workforce has access to specialized training in Industry 4.0 and smart manufacturing through the four established SAMARTH Centres. Action Required Professionals seeking to upgrade skills in advanced manufacturing should engage with the training programs and courses offered by centres at IIT Delhi, IISc Bengaluru, CMTI Bengaluru, or C4i4 Lab Pune.