- JCB India
- JCB
- Construction Equipment
- Earthmoving Equipment
- Tracked Excavators
- JCB NXT 215 LC Fuel Master
JCB India Launches Fuel-Efficient NXT 215 LC Fuel Master Tracked Excavator
- By MT Bureau
- October 15, 2024
JCB India, India’s leading manufacturer of earthmoving and construction equipment, has launched its NXT 215 LC Fuel Master tracked excavator aimed at enhancing the profitability of customers through a significant reduction in fuel consumption. Developed at the company’s factory in Pune, the new machine targets the domestic as well as global markets.
The NXT 215 LC Fuel Master has been extensively engineered to reduce fuel consumption by 14 percent compared to the previous model. Developed using JCB’s Intelliflow Hydraulics technology, the new machine provides real-time fuel consumption data through the onboard interface screen as well as over JCB’s remote monitoring solution, LiveLink. Additionally, the new ‘auto engine long idle stop’ feature avoids fuel wastage in case the engine is idling for long. This improvement in fuel efficiency can lead to an estimated savings of INR 290,000 per year, claims the company.
Apart from its fuel-saving features, the new machine is also five percent more productive and significantly benefits customers through reduced operating costs. It has been tested for demanding working cycles for Indian operations and comes equipped with a Power Boost function to perform in tough applications, including Rock Breaker applications. The newly introduced LED lights further aid in brighter work area illumination and durable performance.
Deepak Shetty, CEO and Managing Director, JCB India, said, “Innovation has been the cornerstone of our operations in India for over four decades. This new machine has been engineered to enhance the profitability of our customers through a significant reduction in fuel consumption of 14 percent. It will lead to a better return on their investments in today’s competitive working environment. At JCB, the customer is at the centre of all our efforts. Through technology, this new machine will mitigate the impact of rising fuel costs. The JCBNXT 215 LC Fuel Master will be a trusted partner for our customers who are playing a key role in the creation of a world-class infrastructure. This fuel saving is also in line with the government’s focus on reduction of fossil fuels, which has a significant impact on our economy and the environment.”
GST Rationalisation, Customer Sentiment Power Ashok Leyland’s Record Performance In Q3 FY2026
- By MT Bureau
- February 11, 2026
Chennai-headquartered commercial vehicle major Ashok Leyland has reported its financial results for Q3 FY2026, achieving its best-ever performance for the period.
The company reported a record INR 115.34 billion in revenue, up 22 percent YoY, as compared to INR 94.79 billion for the same period last year. EBITDA margin at 13.3 percent came at INR 15.35 billion, as against 12.8 percent at INR 12.11 billion, clocking a growth of 27 percent YoY. This also marked the 12 consecutive quarter of achieving double-digit EBITDA growth.
Net profit at INR 7.96 billion, grew by 4 percent YoY, which also includes a one-time charge of INR 3.08 billion towards the new labour code.
During the quarter, the company sold 32,929 M&HCVs, up 23 percent YoY and 20,518 LCVs, up 30 percent YoY. Exports came at 4,965 units, as against 4,151 units last year. This translates to a 30 percent market share in the M&HCV segment, and 40 percent in the Bus segment.
Ashok Leyland reported net cash of INR 26.19 billion at the end of Q3 FY2026, as against INR 9.58 billion last year.
The company also recently reintroduced the all-new Hippo and Taurus product range in the tipper and tractor-trailer segments.
Dheeraj Hinduja, Executive Chairman, Ashok Leyland, said, “Market conditions continue to be favourable, and we are optimistic that this strength will sustain in the medium term across all our businesses, including MHCV, LCV, and Defence. Our strong and consistent growth in volumes and profitability underscores the competitiveness of our portfolio, which delivers superior performance and customer value, reinforced by deep and effective customer engagement across all segments. We are executing a structured pipeline of product introductions across conventional and alternative propulsion platforms to further strengthen our leadership in the domestic market and accelerate our expansion in international markets. Our electric vehicle arm, Switch, has a healthy order book and a well-defined product roadmap. It has started delivering buses in International markets and has achieved positive EBITDA and PAT over the first nine months.”
Shenu Agarwal, Managing Director & CEO, Ashok Leyland, added, “The GST rationalisation has not just lowered prices, but also brought a fillip to the overall freight demand, triggering fresh replacement cycle in the CV industry. With supportive macroeconomic fundamentals and improving customer sentiment, we remain confident about the medium to long-term growth prospects of the CV industry. Our strategy continues to be anchored in delivering profitable growth through sustained product premiumisation, structural cost competitiveness, wider service coverage, and continued focus to grow non-CV businesses. “
Tata Motors Indonesia Secures Order For 70,000 CVs
- By MT Bureau
- February 10, 2026
PT Tata Motors Distribusi Indonesia, a subsidiary of Tata Motors, has entered into an agreement to supply 70,000 vehicles for deployment in Indonesia. The fleet will support agricultural activities, rural logistics and regional goods movement.
The order consists of 35,000 units of the Yodha pick-up and 35,000 units of the Ultra T.7 truck. These vehicles will be delivered to PT Agrinas Pangan Nusantara, an Indonesian state-owned enterprise tasked with modernising agricultural supply chains and advancing food security.
The vehicles are part of the Koperasi Desa and Kelurahan Merah Putih Project, a strategic initiative aimed at strengthening rural connectivity and economic resilience in Indonesia. The fleet will be distributed through agricultural cooperatives under a phased delivery programme to ensure integration into the national logistics network.
Asif Shamim, Director, PT Tata Motors Distribusi Indonesia, said, “This order reflects the continued acceptance of Indian commercial vehicles in international markets and the confidence of customers in their ability to operate reliably across diverse conditions. The Tata Yodha and the Ultra T.7 are designed for sustained performance, high uptime and efficient operating economics. Their deployment will support agricultural logistics in Indonesia by improving connectivity, enabling more efficient movement of goods across rural and regional networks. We remain committed to expanding the global footprint of Indian mobility solutions through vehicles and offerings that combine scale, reliability and sustained value creation for our customers.”
- Switch Mobility
- Switch EiV12
- Ganesh Mani
- CESL
- Convergence Energy Services
- Hinduja Group
- Ohm Global Mobility
Switch Mobility Deploys 272 Electric Buses In Delhi
- By MT Bureau
- February 09, 2026
Switch Mobility, the electric vehicle arm of the Hinduja Group, has flagged off 272 units of its EiV12 low-floor bus in New Delhi. The deployment is part of a 950-bus contract awarded under the Convergence Energy Services (CESL) tender.
The event, held at Ramlila Maidan, was led by the Chief Minister of Delhi, Rekha Gupta, alongside transport officials and representatives from the Delhi Transport Corporation (DTC). The rollout aligns with the Government of India’s targets for emission-free and accessible public transport.
The 950 e-buses will be stationed at depots across the capital, including Okhla Srinivas Puri, Grand Trunk Road, and Rajghat. Ohm Global Mobility will manage the operational deployment and maintenance of the fleet.
The vehicles are manufactured at Switch Mobility's facility in Tamil Nadu. The project aims to increase the volume of electric buses in operation in Delhi to reduce CO2 emissions and improve urban air quality.
The Switch EiV12 is designed for urban transit with a focus on accessibility and stability. It gets ultra-low entry with kneeling and tilting functions to assist boarding. Floor-mounted batteries for stability and rear-mounted ports supporting dual-gun fast charging.
It features manual/automated wheelchair ramps for passengers with special needs, seniors and parents with prams. The Switch iON system monitors 140 parameters with 80 alerts to track vehicle health and performance.
Ganesh Mani, Chief Executive Officer of Switch Mobility, said, "The flag-off of over 200 Switch EiV12 Low Floor Buses electric buses in partnership with CESL is a significant milestone in strengthening Delhi's electric public transport ecosystem. Switch Mobility is committed to collaborating with city transport authorities to deliver dependable, high-performance electric buses that can scale rapidly. Deployments like these demonstrate how electric mobility can be seamlessly integrated into urban operations while delivering tangible benefits in emissions reduction and passenger experience."
- GreenCell Mobility
- electric bus
- International Finance Corporation
- IFC
- British International Investment
- BII
- Tata Capital
- Devndra Chawla
GreenCell Mobility To Deploy 570 Electric Buses In Delhi
- By MT Bureau
- February 09, 2026
GreenCell Mobility (GCM) has announced the deployment of 570 electric buses in Delhi to expand the city's zero-emission public transport. The initiative follows an USD 89 million investment round from the International Finance Corporation (IFC), British International Investment (BII) and Tata Capital.
The deployment began with a recent event at Ramlila Maidan, where 500 electric buses were introduced by the Delhi Government.
GreenCell Mobility will supply 12-metre, air-conditioned buses featuring batteries designed for Delhi's road conditions. The vehicles will operate from depots in Rajghat, Dilshad Garden and Seemapuri.
The e-buses come with an Integrated Transport Management System (ITMS), real-time vehicle tracking and internal and reversing cameras. It also is equipped with Passenger Information Systems and infrastructure for differently-abled commuters.
Beyond the capital, GreenCell Mobility is executing projects across several states including 700 buses Uttar Pradesh, 750 buses in Andhra Pradesh, 582 buses in Madhya Pradesh, 400 buses in Bihar and 50 intercity buses for MSRTC in Maharashtra.
Backed by Eversource Capital, GCM currently operates a fleet of over 1,200 electric buses supported by 270 charging stations. Following the recent funding, the company plans to scale its total fleet to over 3,700 electric buses under the National E-Bus and PM Seva E-Mobility programmes.
Devndra Chawla, MD & CEO, GreenCell Mobility, said, “Delhi’s electric bus rollout represents the next phase of India’s public transport transition from pilots to scaled, city-wide adoption. This deployment showcases how institutional capital, policy intent and operational capability can come together to deliver clean mobility at scale. Our focus is not just on adding electric buses but on building a reliable, technology-led public transport ecosystem that cities can depend on over the long term.”

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