Montra Electric and Ministry of Road Transport & Highways Sign MoUs to Accelerate Fleet Modernisation in Delhi-NCR

Montra Electric Signs MoUs with MoRTH to Accelerate Electric Commercial Vehicle Adoption in Delhi-NCR

~ Montra’s e-MHCV and e-SCV businesses ink separate MoUs as part of the Government’s initiative to accelerate adoption of electric commercial vehicles (CV) to improve air quality in Delhi-NCR ~

New Delhi, 06 July 2026: Montra Electric, India's full-spectrum electric commercial vehicle brand, today signed two Memorandum of Understanding (MoU) with the Ministry of Road Transport & Highways (MoRTH) under the Government of India’s Scheme for support to the National Capital Region Planning Board (NCRPB) policy for replacement of old trucks and buses in the National Capital Region. The MoUs with MoRTH were signed by Montra Electric’s e-MHCV and e-SCV businesses in New Delhi.

This NCRPB policy is designed to facilitate the replacement of ageing, polluting commercial vehicles operating in the region. This early adoption of electric commercial vehicles aims to improve air quality through zero vehicular emissions and support India’s broader decarbonisation objectives. Both Montra entities will support eligible fleet operators and customers by offering their electric mobility solutions, helping accelerate the transition towards cleaner freight movement across the region.

This initiative aligns with Montra Electric's broader mission of delivering purpose-built electric mobility solutions across commercial vehicle segments. With dedicated product portfolios spanning medium and heavy-duty electric trucks through the RHINO series and small commercial electric trucks through EVIATOR, the company is well positioned to address the evolving needs of fleet operators seeking sustainable transportation solutions.

The Government's replacement scheme is expected to play a pivotal role in reducing emissions from legacy ICE commercial vehicles operating in one of India's most polluted regions, while creating a conducive ecosystem for faster adoption of electric trucks.

About Montra Electric (TI Clean Mobility Private Limited, Murugappa Group)

Montra Electric (Company Name: TI Clean Mobility Private Limited) is a pioneering clean mobility brand from the Murugappa Group, one of India’s oldest and most respected business conglomerates with a legacy spanning 125 years.

Drawing on deep expertise in converting "Metal to Mobility," earned through decades of manufacturing high-precision automotive and industrial components for India and global markets, coupled with a strong track record of building trusted brands, Montra Electric is driving the vision of clean mobility.

The company operates across four business verticals:

The fast-expanding Montra Electric portfolio includes:

To know more, visit the official Montra Electric website: www.montraelectric.com

About Murugappa Group

A 125-year-old conglomerate with a presence across India and the world, the INR 902 billion (₹90,178 crore) Murugappa Group has diverse businesses spanning agriculture, engineering, financial services, and more.

The Group has 10 listed companies:

Other major companies include Cholamandalam MS General Insurance Company Limited and Parry Agro Industries Limited.

The Group’s brands include Ajax, Hercules, BSA, Montra, Montra Electric, Mach City, Chola, Chola MS, CG Power, Shanthi Gears, CUMI, Gromor, Paramfos, and Parry’s.

Its business interests include abrasives, technical ceramics, electrominerals, electric vehicles, auto components, fans, transformers, railway signalling equipment, bicycles, fertilisers, sugar, tea, and several other products.

Guided by its five core values—Integrity, Passion, Quality, Respect, and Responsibility—and a strong culture of professionalism, the Murugappa Group employs 94,041 people.