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Innovative G-Python
- By Bhushan Mhapralkar
- October 08, 2021

A good 15m long, the Mercedes-Benz OC 500 RF 2542 has two-axles at the rear and one at the front. Its name suggests it to be German. It is therefore perhaps that a European influence is evident from the smooth surfaces and well-defined lines of the G-Python’s exterior design. The standards of fit and finish are good. A sense of sleek and muscular build apparent from the vehicle’s exterior design, the G-Python, according to Kukreja, draws inspiration from the python’s prowess and size. He drew attention to the fine curves and added, “Look carefully at the headlamps; they will remind you of the eyes of a python. They shine like diamonds”. Reflecting luxury, style and an ability to stand out, the sleek and sweeping headlamps of the G-Python coach body work make an interesting part of the facia. The facia in turn has a large windshield with a black theme patch at its bottom. The pasted windows and tall sides of the G-Python nicely complement the facia design, highlighting a good sense of proportion in the process. Like a fully grown python – a reticulated python (Malayopython reticulatus) can reach over 6.25m in length and is termed as the longest snake in the world – the G-Python luxury coach design does appear long and attractive on the Mercedes-Benz multi-axle chassis.
Finer detailing
Powering the Mercedes-Benz OC 500 RF 2542 is a 388 hp, six-cylinder Mercedes-Benz OM 470 Euro VI 10.7-litre diesel engine situated transversely at the rear. It is so located that it feeds power to one of the two rear axles. Its access is governed by an engine lid at the rear. When viewed from a three-fourth angle, the rear accommodates the engine compartment access lid nicely in a large black patch. Replicating the colour theme of the facia (there is a similar albeit smaller black patch under the windshield), the large rear patch of black cleverly hides the enormity of the coach structure. It is no doubt tall and fairly enormous when viewed against a car or a van! On either side of the black patch are sleek and stylish LED tail lamps. “True to our penchant for aerodynamic styling and discreet elegance, the G-Python coach design is based on a modular concept,” said Kukreja. “As much as the exterior, there’s much attention that has gone in the designing and building of the interior too,” he added. Containing diffused lighting, a warm shade of blue and white, the interior exudes a touch of luxury and elegance, much the same way the exterior does.

Employing CR tubes and fire retardant FRP material in its construction, the interior of the G-Python coach design offers good space between each seat row. The seats of the reclining variety are designed and positioned to offer maximum comfort and leg room for passengers. This makes for a relaxing atmosphere. Cabin isolation is brought up to speed with much use of insulation material. “There’s been a good deal of innovation that has gone into the noise isolation of the cabin,” averred Kukreja. With maximum luggage compartment space, easy to operate functions and a long list of optional features like heating, AC, LED screens, mobile-laptop charger, metallic paint, infotainment system, pantry and chemical toilet etc., the G-Python, when it comes to features, offers almost all the bells and whistles. “From the very inception of the design, we made sure that we could accommodate each and every feature that a coach operator could ask for,” Kukreja remarked. “The colour combination and graphics is optional.”

Stating that the attention to European standards has ensured superior built quality, Kukreja said, “From the safety point of view, we have made every effort to exceed the regulatory requirements.” The G-Python coach design employs a laminated glass windshield. The pasted windows on the sides are of the toughened variety. The emergency door has been situated at the rear. Conforming to the bus code, the G-Python seeks proximity to a European integral coach design. It is capable of seating 53 passengers. Available in ‘semi-sleeper’ guise as well, there are no plans to introduce a ‘sleeper’ version as of now. “We may offer a ‘sleeper’ version in the future,” said Kukreja.



An eye for quality
Built with close attention to quality at Guru Ram Dass Body Builders’ Sonipat facility in Haryana, the G-Python coach body design flaunts a super strong reinforced structure that is crash resistant. It is backed by a pan-India after sales support. Offering ease of maintenance and service through easy accessibility to key aggregates and parts, the luxury coach body design is subject to regular updating, according to Kukreja. “This is in line with our philosophy to keep improving a design and incorporate new developments in bus/coach body design and development,” he added. Explaining that his company’s modern plant at Sonipat has state-of-the-art paint booth, shearing and press brake machines, an R&D centre, shower booth and an FRP moulding facility among others, Kukreja said, “The build quality of the G-Python is in line with the company’s quality management system and regulatory requirements.”

Stressing on a robust quality control mechanism in place at GRD’s Sonipat plant to ensure thorough inspection of every material that is procured and every weld joint that is carried out on the structure, Kukreja expressed, “Trained professionals use calibrated measuring instruments and various other machines as part of the quality management system.” “There’s a ‘Red Table Area’ in the Sonipat plant where the selected and reject material are segregated,” he added. Explaining that the G-Python will complement the existing G-Dolfino bus body design, Kukreja averred, “They are more or less parallel offerings.” “The G-Dolfino was launched in 2019 and the G-Python was launched in June 2021,” he said. Asked if the G-Python coach body design would fit a 12m long front-engine bus chassis like the BharatBenz 1624, and Kukreja was quick to answer, “Modifications in the floor structure should make it possible.” Whether it would be done at once? Kukreja is not in favour it seems. “We will take a call on whether we want to offer the G-Python luxury coach body design on any other chassis than a rear engine multi-axle one,” he announced. “For the 12m long front-engine BharatBenz 1624, we have yet another fine design in the form of the G-Dolfino,” he concluded. The G-Dolfino, it should not take long to understand, is inspired by a Dolphin!

Olectra Greentech Unveils New Brand Identity And Strategic Shift
- By MT Bureau
- April 10, 2026
Hyderabad-headquartered electric vehicle company Olectra Greentech has launched a new brand identity and tagline, ‘Transforming Everyday’. The update marks the company’s transition from a specialist bus manufacturer to an organisation providing integrated mobility and energy solutions.
The brand repositioning is built upon three operational pillars intended to guide product development and market engagement:
- Pragmatic Futurism: Developing platforms for real-world conditions.
- Accessible Innovation: Ensuring technology remains scalable and usable.
- Trusted Guide: Establishing the company as a partner within the electric vehicle (EV) ecosystem.
The mission statement accompanying the refresh focuses on delivering innovation and execution excellence to create value for stakeholders in the mobility and energy sectors.
The updated visual language reinterprets existing company elements – the Olectra Prism – a central triangle representing structural integrity and direction. The Olectra Universe – a surrounding circle symbolising the ecosystem of stakeholders, infrastructure and cities.
Olectra currently operates with a portfolio that has expanded to include electric trucks and tippers alongside its established bus manufacturing division. The company maintains a manufacturing pipeline primarily serving government sectors.
Mahesh Babu, Managing Director, Olectra Greentech, said, “Olectra’s new brand identity is not just a visual change – it represents our ambition, mindset and the direction we are heading. It ensures that our brand, organisation and long-term strategy are aligned. As we transform from a pioneering electric bus manufacturer to a future-ready, innovation-led organisation delivering integrated mobility and energy solutions, this new identity reflects our core values and our commitment to ‘Transforming Everyday’ across the mobility and energy ecosystem.”
- Astranova Mobility
- Grip Invest
- Kunal Mundra
- IvyCap Ventures
- Asian Development Bank
- Advantedge Founders
- Trucks Venture Capital
- EV Financing
- Vikram Gupta
- Puneeth Meruva
Astranova Mobility Gets INR 600 Million In Series A Funding Led By IvyCap Ventures
- By MT Bureau
- April 09, 2026
Astranova Mobility, an electric vehicle (EV) financing and asset management platform, has raised INR 600 million in a Series A equity funding round. The investment was led by IvyCap Ventures, with participation from existing investors Asian Development Bank and Advantedge Founders, as well as Silicon Valley-based Trucks Venture Capital.
Founded in 2023 by Kunal Mundra and Grip Invest, Astranova Mobility provides financing and operational services for commercial electric vehicles. The company’s portfolio includes two-wheelers, cars, buses and heavy-duty trucks. To date, the platform has enabled the deployment of over 25,000 EVs with an asset value exceeding INR 3.6 billion.
The company’s "full-stack" platform includes EV financing and leasing, asset selection and maintenance, proprietary data and technology dashboards, and operational support.
The capital will be used to enhance the company's data, AI, and engineering capabilities. Astranova aims to increase its scale fivefold over the next 18 months, with a long-term goal of enabling USD 1 billion in EV deployments over the next four years. The partnership with Trucks VC is intended to provide access to technical expertise from the United States automotive technology ecosystem.
Kunal Mundra, Founder and CEO, Astranova Mobility, said, “We are delighted to welcome IvyCap Ventures as a partner on this journey. Their deep experience and strong track record in the Indian startup ecosystem, combined with best-in-class access to institutional capital and engineering capabilities through institutions such as the IITs, will be a key differentiator for Astranova. With this fund raise, we have simultaneously unlocked significant debt capital and are now all set to grow over 5x in the next 18 months which will create a strong foundation for us to enable the deployment of USD 1 Bn EVs in the next 4 years and accelerate India’s transition to net zero.”
Vikram Gupta, Founder and Managing Partner, IvyCap Ventures, added, “Astranova Mobility is a strong enabler of India’s clean mobility transition, combining data-driven insights, financing strength, and deep sector expertise. Their rapid execution and clear vision for the commercial EV segment position them well to scale sustainable transportation nationally. We’re delighted to partner with them on this journey.”
Puneeth Meruva, Partner at Trucks Venture Capital, commented, “India’s transition to commercial electric vehicles will require over USD 100 billion in financing. Yet, traditional lenders lack the expertise to underwrite EV assets, while small fleet operators remain underserved due to limited credit access. Astranova addresses this gap through a data-first, full-stack platform spanning leasing, asset management, and maintenance.”
BMW Group India Reports Record Q1 Sales With 17% Growth In CY2026
- By MT Bureau
- April 08, 2026
German luxury brand BMW Group India has recorded its highest-ever Q1 sales, delivering 4,567 cars in the first three months of CY2026. This represents a 17 percent YoY increase, with every month in the quarter achieving record performance levels.
The Group maintains a 70 percent market share in the Indian luxury electric vehicle (EV) segment. In Q1, the company sold 1,185 BMW and MINI EVs, marking an 83 percent YoY growth. Currently, 1 in 4 vehicles sold by BMW in India is an electric model, with EV penetration reaching 26 percent of total sales.
The company’s electric portfolio includes 6 cars and 2 scooters, supported by a network of over 6,000 charging points nationwide. Initiatives such as Destination Charging and Smart E-Routing have been implemented to support the transition to luxury electric mobility.
As per the luxury brand, it observed growth across several specific vehicle categories:
- Long Wheelbase (LWB) Range: LWB models accounted for over 50 percent of total sales, with 2,256 units delivered, which marks 23 percent YoY increase.
- Sports Activity Vehicles (SAV) segment grew by 38 percent YoY, totalling 2,966 units and representing 65 percent of the group's car sales.
- MINI: The brand delivered 213 units, achieving 42 percent growth.
- BMW Motorrad: The motorcycle division delivered 1,216 units, led by demand for the G 310, S 1000 and GS series.
BMW Group India has planned 27 product launches for 2026, covering all-new models, facelifts and limited editions. Four models were introduced in Q1, including the BMW M2 CS and BMW X3 30, with a further eight launches scheduled for the second quarter.
Under its Retail.NEXT strategy, the group plans to expand its presence by adding 19 outlets across 18 cities this year. The current network comprises 97 touchpoints in 40 cities. Additionally, BMW India Financial Services financed 25 percent of the vehicles sold in Q1, offering products with assured buy-back values of up to 74 percent.
Hardeep Singh Brar, President and CEO, BMW Group India, said, “BMW Group India has entered 2026 in an extremely strong position. We have achieved our highest-ever Q1 sales, registering solid double-digit growth, despite macroeconomic and geopolitical headwinds. Our lead in India’s luxury electric mobility also continues thanks to the immense trust our valued customers have put in our electric offerings in terms of performance, EV ecosystem and technology. We are geared to a pulsating 2026 that will be marked by our most ambitious product offensive, with 4 already launched and 23 more to go. Sustaining this momentum into long-term success, our unwavering focus on customer experience, aftersales and brand connect will be taken to the next level. With each new car, we aim to deliver JOY to our customers who enable this success story for BMW Group India.”
India Auto Retail Sales Grows 13% In FY2026
- By MT Bureau
- April 06, 2026
The Indian automotive retail sales has grown 13 percent YoY with 29.6 million vehicles sold across segments in FY2026, as compared to 26.1 million units a year ago. Barring the construction equipment segment (-12 percent YoY), all segments clocked a healthy double-digit growth as per the latest data shared by the Federation of Automobile Dealers Association (FADA India).
Sales data for March 2026 points out to a robust 25.28 percent YoY growth with 2.69 million vehicles sold, as compared to 2.14 million units sold a year ago. The growth was seen across the two-wheeler segment (+28.69 percent YoY), three-wheelers (+10.52 percent YoY), passenger vehicle (+21.48 percent YoY), tractor (+10.87 percent YoY) and commercial vehicle (+15.12 percent YoY).
On the other hand, the e-rickshaw (passenger) and construction equipment industry reported a negative growth of 19.73 percent YoY and 16.17 percent YoY, respectively.

For FY2026, the two-wheeler sales came at 21.4 million units, an uptick of 13 percent YoY, as compared to 18.8 million units sold a year ago. Three-wheeler sales came at 1.36 million, up 12 percent YoY, as compared to 1.22 million units sold a year ago.
Interestingly, passenger vehicle sales grew by 13 percent YoY with 4.7 million units sold, as compared to 4.16 million units sold in FY2025. The tractor industry surpassed 1 million units with 1.05 million sold up 19 percent YoY, as compared to 882,825 units sold last year.
C S Vigneshwar, President, FADA, said: “FY 2025-26 has been a landmark year for Indian auto retail — delivering an all-time high of 2,96,71,064 units with a broad-based 13.30 percent YoY growth that saw 5 of 6 vehicle categories set new annual records. This is not just a number — it represents the industry approaching the 3-crore mark, a milestone that would have seemed distant just two years ago. What makes this year particularly significant is that the growth was structurally sound, underpinned by improving affordability, widening mobility demand across urban and rural India, and a diversifying powertrain mix.”
He further pointed out that the sales performance for the year was not linear. “The first five months (April through August) were a period of measured momentum, with monthly growth ranging between 2 percent and 5 percent as the market navigated residual caution from the previous year’s sluggish inventory cycle, selective financing constraints and consumer wait-and-watch behaviour in anticipation of policy clarity. During this phase, enquiries remained tentative, conversions stayed uneven and the dealer community exercised understandable restraint,” he explained.
GST Rationalisation
The FADA president highlights that the turning point arrived in September with the implementation of GST 2.0, which meaningfully reduced the effective tax burden on mass-segment two-wheelers, small cars, three-wheelers and select commercial categories – improved real affordability at a time when the consumer was already positioned to respond.
“From September onwards, we witnessed a clear inflection: the festive convergence of Navratri and Diwali in October delivered an all-time record monthly retail of over 4 million units, and the momentum carried through the remainder of the year. January, February, and March 2026 each registered strong double-digit YoY growth, validating that the upshift was not merely festive but structural,” he said.

The retail sales highlights in FY2026 for the automotive industry include – two-wheeler retails reaching pre-pandemic peaks. Passenger vehicles crossed the 4.7-million mark for the first time, growing by 13 percent. This was supported by a shift towards SUVs and alternative powertrains.
Tractor sales at record high surpassing million-unit mark for the first time due to a strong monsoon and improved farm economics.
Commercial vehicles too surpassed the million-unit mark with 11.74 percent growth, led by infrastructure demand.
Three-wheelers set a third consecutive annual record with 11.68 percent growth, where electric vehicle (EV) penetration now exceeds 60 percent.
The shift towards cleaner energy deepened throughout the year. Total EV retails reached 2.45 million units, a 24.63 percent expansion. EV market share rose to 6.54 percent in two-wheelers and 4.25 percent in passenger vehicles. CNG also strengthened its position, accounting for 21.98 percent of PV sales.
Inventory management for passenger vehicles improved, with stock levels correcting from over 50 days to approximately 28 days by March 2026. This healthily aligns wholesale dispatches with actual ground demand.
Outlook and Risks
The auto retailer body has maintained a cautiously positive outlook for FY2027, with 74.72 percent of dealers expecting growth for the full year. However, the industry is monitoring risks including the geopolitical situation in West Asia, which has caused supply disruptions for 53.2 percent of dealers. Rising fuel prices and potential logistics delays remain primary concerns for the near term.
FADA hence remains constructively cautious — structurally optimistic but operationally watchful for the next three months.

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