SECTOR
JBM Auto's arm secures Rs 750 crore long term strategic investment from Motilal Oswal Alternates
Jun-18-2026

JBM Auto’s electric vehicle arm -- JBM ECOLIFE Mobility (P) (JBM Ecolife) has successfully secured a Rs 750 crore long term strategic investment from Motilal Oswal Alternates (MO Alternates), the alternative investment arm of Motilal Oswal Group. MO Alternates is leading this investment, providing growth capital to scale JBM Ecolife’s electric bus deployment and advance sustainable public transit infrastructure across India. The transaction represents a core milestone for MO Alternates' sustainability-focused investment allocation, mirroring scaled global private equity models by backing dominant green mobility platforms. The growth capital will enable the operation and rolling deployment of advanced, zero-emission public transport fleets operating under long-term agreements with state transport authorities across key Indian cities.

This is the largest ever investment by any Indian investor till date in electric mobility. This capital infusion will be channelised towards the rollout of state of the art, high-capacity, energy-efficient e-buses, providing alternative transit options that help replace traditional diesel fleets, reduce urban air pollution and align with India’s long-term net-zero targets. The deployment of these e-buses at this scale will deliver a strategic dividend for India's energy security.

The consolidated orderbook size of the company and JBM Ecolife Mobility stands at more than 10,000 electric buses deployed and under execution. Notably, the company has set up one of the world's largest (outside China) dedicated integrated electric bus manufacturing facility, located in Delhi-NCR region, with an annual production capacity of 20,000 electric buses.

JBM Auto is the flagship company of JBM Group. It is engaged in the automotive business that manufactures and sells sheet metal components, tools, dies & moulds and buses including sale of spare parts, accessories & maintenance contract of Buses.

  RELATED NEWS >>