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Catch up on this week's biggest commercial vehicle and agriculture news, including Tata Motors' expansion, EV developments, fleet renewal schemes, green mining initiatives, farmer subsidies, and key market updates.
By Robin Kumar Attri
The week of 22-27 June 2026 witnessed several important developments across India's commercial vehicle, automotive, mining, and agriculture sectors. From Tata Motors' expansion plans and major fleet renewal initiatives in Delhi-NCR to new EV partnerships, green hydrogen projects, and India's first 250 MT electric crane, the commercial mobility industry continued its shift toward cleaner and more advanced technologies. Meanwhile, farmers received encouraging updates on solar pump subsidies, teak cultivation incentives, new farm equipment, and rising mustard prices. Here's a quick roundup of the biggest stories that made headlines this week.
Mahindra and SML Mahindra Sign MoU for 8% Discount on Trucks and Buses in Delhi-NCR
The Union Ministry of Road Transport and Highways (MoRTH), Mahindra & Mahindra, and SML Mahindra have partnered to support the replacement of old trucks and buses in Delhi-NCR. Under the scheme, eligible buyers will receive an 8% ex-showroom discount, while state governments will offer registration fee waivers and up to 100% motor vehicle tax concessions for 10 years. Similar MoUs with Ashok Leyland, Switch Mobility, and Tata Commercial Vehicles strengthen the initiative, covering nearly 75% of India's truck and bus market.
Hindustan Zinc has signed an MoU with Advantek Associates and Aero Eagle Automobiles to explore green hydrogen solutions for its mining operations. The partnership will assess hydrogen generation, storage, H2-ICE, fuel cells, and related infrastructure, with a focus on underground mining applications. The phased initiative supports Hindustan Zinc's Net Zero 2050 target, aims to reduce carbon emissions, improve operational efficiency, and accelerate sustainable, low-carbon mining in India.
Tata Motors to Launch 9 New SCVs and Pickups in FY27 to Regain Market Share
Tata Motors plans to launch four new small commercial vehicles and five new pickup models in FY27 to regain market share in the SCV-PU segment. Despite an 8.2% volume growth in FY26, its market share declined to 26.8%. The company will also expand its EV portfolio and service network, leveraging strong demand from e-commerce, logistics, and last-mile delivery, while building on its 29% alternate-fuel vehicle penetration.
BLive Launches ₹100 Crore EV Fleet Expansion Plan, Targets 1,000 Electric Mini-Trucks Across India
BLive has launched BLive PRIME, a ₹100 crore franchise model to deploy 1,000 electric mini-trucks across India over the next two years. Starting in Bengaluru and expanding to Delhi, Chennai, and Hyderabad, the initiative targets the growing last-mile logistics market. Investors can participate with a minimum investment of ₹50 lakh, while BLive manages fleet operations under a franchise-owned, company-operated (FOCO) model to accelerate commercial EV adoption.
Bajaj Auto Partners with Delhivery to Accelerate Last-Mile Fleet Electrification
Bajaj Auto and Delhivery have partnered to electrify last-mile logistics, starting with the deployment of 200 Bajaj RIKI eCarts. The fleet is expected to expand to around 1,500 electric cargo vehicles by 2027. Offering over 100 km of range, the EVs aim to improve delivery efficiency, lower operating costs, and support Delhivery's ESG commitments by reducing Scope 3 emissions across its logistics network.
Haryana Offers 100% Tax Waiver To Encourage Commercial Fleet Renewal In NCR
The Haryana government has approved a 100% motor vehicle tax waiver for replacing BS-IV and older commercial vehicles with new BS-VI, CNG, or electric models. Buyers of used replacement vehicles will receive a 50% tax concession, along with registration fee and liability waivers. The policy supports cleaner transport, fleet modernisation, improved air quality in the NCR, and aligns with the Centre's vehicle replacement programme.
BharatBenz has signed an MoU with the Ministry of Road Transport and Highways (MoRTH) to support the Delhi-NCR commercial vehicle replacement scheme. The company will offer an 8% discount on eligible new trucks and buses, while government incentives include tax waivers, registration fee exemptions, fuel vouchers, and loan support. The initiative targets replacing over 2.07 lakh BS-IV and older commercial vehicles with cleaner BS-VI and electric models.
Tata Motors Eyes India Launch of Iveco Mining Tippers and Daily Minibuses Under Global Synergy Plan
Tata Motors plans to introduce Iveco’s premium mining tippers and Daily minibuses in India as part of its proposed acquisition strategy. The partnership will focus on premium commercial vehicles, global market expansion through cross-badging, supply chain optimisation, and shared technology platforms. Tata Motors also aims to leverage Iveco’s distribution and financing networks while strengthening its presence across Europe, Latin America, India, and other global markets.
India’s First 250 MT Electric Crane Begins Operations at Hindustan Zinc
Hindustan Zinc has deployed India’s first 250 MT hybrid electric crane at its Debari smelter in Rajasthan to reduce emissions and improve energy efficiency. The crane is expected to cut around 250.8 tCO₂e annually by replacing a diesel-powered unit. The initiative supports the company’s Net Zero 2050 target and complements its broader clean mobility strategy, including EVs, LNG trucks, battery-electric vehicles, and renewable energy adoption.
New Holland Expands Agricultural Implement Portfolio with New HD and XHD Rotary Tillers
New Holland has launched its new HD and XHD Series Rotary Tillers, manufactured at its Pune facility, to strengthen its agricultural implement portfolio in India. Designed for deeper tillage and efficient soil preparation, the rotavators feature a high swing diameter, multi-speed gearbox, Metal Twin-Faced seals, and DTM paint for enhanced durability, corrosion resistance, and reliable performance across diverse soil conditions.
Mustard Prices Rise Across Major Markets; Strong Demand Supports Market Sentiment
Mustard prices strengthened across major markets, including Jaipur, Bharatpur, Delhi, Hisar, and Charkhi Dadri, supported by strong buying from oil mills, limited farmer stocks, and trader short-covering. Daily arrivals remained steady at around 5.25 lakh bags, while mustard oil and cake demand stayed firm. Experts advise farmers to sell in phases and closely monitor global edible oil prices and monsoon progress before making marketing decisions.
Solar Pump Scheme: Farmers Get Huge Subsidy, Save on Irrigation Costs and Increase Income
The Solar Pump Scheme provides farmers with subsidized solar-powered irrigation pumps, reducing dependence on diesel and electricity while lowering irrigation costs. Farmers can apply online through e-Mitra or Agriculture Department services using Aadhaar, Jan Aadhaar, land records, bank details, and a mobile number. The scheme promotes timely irrigation, higher crop productivity, sustainable farming, and reduced carbon emissions through clean energy adoption.
The Chhattisgarh government is offering up to 100% subsidy for teak cultivation to encourage tree-based farming and increase farmers' income. Small and marginal farmers can receive ₹94.50 per plant, while large farmers and institutions get a 50% subsidy. Tissue culture plants ensure faster growth and better timber quality, and intercropping provides regular income before teak trees reach harvest, making the scheme a profitable long-term opportunity.
This week highlighted India's growing focus on cleaner mobility, fleet modernisation, and sustainable agriculture. From government-backed vehicle replacement schemes and electric mobility investments to innovative mining technologies and farmer-friendly subsidy programmes, the developments reflect a strong push toward efficiency, sustainability, and long-term growth. As the commercial vehicle and agriculture sectors continue to evolve, these initiatives are expected to create new opportunities for businesses, transport operators, and farmers across the country. Stay tuned to CMV360 for more updates and in-depth industry coverage.
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