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Ashok Leyland, Switch Mobility sign MoU with MoRTH
Jun-16-2026

Ashok Leyland and its electric mobility arm Switch Mobility have signed Memorandum of Understanding (MoU) with the Ministry of Road Transport and Highways (MoRTH) under the Government of India's scheme for replacement of old trucks and buses in the Delhi-NCR region. 

With the signing of the MoU, Ashok Leyland and Switch Mobility have become the first Original Equipment Manufacturers (OEMs) to partner with the Government for implementation of the scheme. Under the agreement, the companies will provide an 8 per cent discount on the ex-showroom price of eligible trucks and buses purchased under the scheme. For electric vehicles, the discount shall be capped at the discount applicable to an Internal Combustion Engine (ICE) vehicle of the equivalent Gross Vehicle Weight (GVW) category.

In addition to the 8 per cent discount offered by participating OEMs, the Central Government will provide 5 per cent interest subvention and fixed monthly fuel vouchers for a period of five years. Participating State Governments will provide up to 100 per cent concession on motor vehicle tax for a period of ten years and waiver of registration fees for eligible beneficiaries under the scheme.

Ashok Leyland, the Hinduja Group flagship company in India, is engaged in the manufacturing of commercial vehicles and related components. The company’s products include buses, trucks, engines, defense and special vehicles.


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