JSW Greentech launches Ampstar electric trucks and buses for industrial fleets
Ampstar will target closed-loop logistics operators in steel, cement and ports. JSW Greentech has invested ₹2,000 crore in a 90-acre Aurangabad facility with annual capacity for 10,000 trucks and 5,000 buses, aiming for up to 1,000 sales by March 2027.
What happened
JSW Greentech launched Ampstar electric trucks and buses for Indian industrial closed-loop logistics. Backed by a ₹2,000 crore investment, its Aurangabad plant
Key facts
- ₹2,000 crore total project cost
- 90-acre manufacturing facility
- 10,000 trucks annual production capacity
- 5,000 buses annual production capacity
- Up to 1,000 units sales target by March 2027
What changed
JSW Greentech launched Ampstar electric trucks and buses for Indian industrial closed-loop logistics. Backed by a ₹2,000 crore investment, its Aurangabad plant can produce 10,000 trucks and 5,000 buses annually, with sales targeted at steel, cement and port operators.
Why this matters
Ampstar gives industrial fleet operators a purpose-built Indian EV option for closed-loop steel, cement and port logistics, backed by meaningful local manufacturing capacity.
What to watch
- Named purchase orders, LOIs or pilot deployments from steel, cement, mining, port and logistics operators.
- Whether JSW group companies become first customers and the proportion of sales that are related-party versus external fleets.
- Charging partnerships, depot installations and electricity-tariff arrangements at industrial sites.
- Vehicle specifications for payload, range, charging time, battery warranty and uptime guarantees.
- Financing or leasing partnerships with banks, NBFCs, fleet lessors and energy-service providers.