Why Nuvo bus
![](https://nuvobus.com/wp-content/uploads/2024/05/Growing-Demand.png)
Growing Demand
According to government insiders, the strategy is to roll out 200,000 electric buses for state transport undertakings (STUs), 550,000 for private operators, and 50,000 earmarked for schools and employee transportation by 2030—a real game-changer! The plan aligns with the broader Faster Adoption and Manufacturing Electric Vehicles (FAME) incentive program, which hit the roads in 2015 and received funding of Rs 10,000 for three years starting in 2019. The scheme is now cruising towards its official deadline in March 2024.
![](https://nuvobus.com/wp-content/uploads/2024/05/Rising-Investments.png)
Rising Investments
India has significantcost advantages. Auto firms save 10- 25% on operations vis-a-vis Europe and Latin America. The automobile sector received cumulative equity FDI inflow of about US$ 30.78 billion between April 2000- September 2021.The Government of India expects automobilesector to attract US$ 8-10 billionin local and foreign investments by 2023.
![](https://nuvobus.com/wp-content/uploads/2024/05/Policy-Support.png)
Policy Support
Automotive Mission Plan 2016-26 is a mutual initiative by the Government of India and Indian Automotive Industry to lay down the roadmap for development of the industry. The Government aimsto develop India asa global manufacturing center. In Union Budget 2022-23, the government announced increase allocation of CapEx, high target for national highways,and proposed an EV battery policy
![](https://nuvobus.com/wp-content/uploads/2024/05/Opportunities.png)
Opportunities
Focus shifting on electric vehicles to reduce emissions. Government aims to build India into a R&D hub. India could be a leader in shared mobility by2030, providing opportunities for electricand autonomous vehicles. The e- vehicles industry is likely to create 5 crore jobs by 2030.The Indian automotive industry expected to reach US $ 300 Billion by 2026.
- Phone:a
![](https://nuvobus.com/wp-content/uploads/2024/05/international-touring-coach-bus-concept-1536x1024-1.jpg)
![](https://nuvobus.com/wp-content/uploads/2024/05/touristic-buses.jpg)
![](https://nuvobus.com/wp-content/uploads/2024/05/view-the-yellow-school-buses-parked-near-the-high-school-1536x1025-1.jpg)
Exellent Service
Ensuring Bus Excellence: Quality Maintenance Services
we prioritize the safety and reliability of every bus through comprehensive maintenance and servicing. Our goal is to ensure that each vehicle is in excellent shape, ready to deliver smooth and secure journeys.
- Routine Inspections
- Skilled Technicians
- Quality Parts
- Safety Standards
Overview of Nuvo Bus Transit System Pvt. Ltd
Establish in 2014
270+ Mechanics
1500+ Employees
ISO 9001:20015 Certified
ISO 9001:20015 Certified
Delivers to 7+ States in India
14+Years of Experience