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Cargo Matters launches 318-Cr E-Bus Manufacturing Plant in Karnataka

Cargo Matters launches 318-Cr E-Bus Manufacturing Plant in Karnataka

India
May 19, 2026
Cargo Matters has launched a new electric bus manufacturing facility in Belagavi, Karnataka, with an investment of ₹318 crore. This marks the company’s formal entry into India’s electric bus manufacturing sector. The company said the facility will initially focus on developing electric buses for intercity applications, as it looks to tap into the growing demand...