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Updated On: 21-Feb-2026 06:09 AM
CMV360 Weekly Wrap-Up | 16–20 Feb 2026 covers electric bus rollouts, tractor export updates, AI farming initiatives, state budgets, and key government schemes shaping India’s mobility and agriculture sectors.
CMV360 Weekly Wrap-Up | 16–20 Feb 2026 brings you the most important updates from India’s commercial vehicle, electric mobility, agriculture, and government policy sectors. This week highlighted strong progress in clean public transport with the PM e-Bus Sewa rollout, major electric bus certifications, and new technology partnerships supporting zero-emission mobility. Leading brands expanded service networks, strengthened financing options, and secured key approvals to boost India’s growing EV ecosystem.
In the tractor and agriculture segment, new product launches, export developments after the India-US trade deal, and leadership changes shaped the industry’s direction. Farmers and women beneficiaries received financial support through Ladli Behna Yojana, while state budgets in Madhya Pradesh and Gujarat focused on housing, irrigation, and rural development. Weather-related crop damage and quick insurance action also remained in focus. Here’s your complete weekly roundup of mobility, farming, and policy developments across India.
PM e-Bus Sewa Scheme: PM Modi Flags Off 200 JBM Electric Buses in Guwahati, Bhavnagar, and Nagpur
Narendra Modi flagged off 200 electric buses under the PM e-Bus Sewa Scheme, including 100 for Guwahati and 50 each for Bhavnagar and Nagpur. Built by JBM Auto, the 9-metre AC low-floor buses feature CCTV and automatic doors. The company’s fleet has covered 300 million km, supporting India’s 2070 net-zero target.
Pallavi Arora Elevated to Associate Vice President - Marketing at Euler Motors
Pallavi Arora has been elevated to Associate Vice President - Marketing at Euler Motors after a six-year journey. She leads B2B and B2C brand strategy, digital transformation, and integrated campaigns, including EVKiPaathshala and “Built to Carry.” With experience at Mahindra Holidays & Resorts India Limited and Paytm, she strengthens Euler’s marketing-driven EV growth strategy.
ZF India Pvt. Ltd. secured a multi-year contract to supply its AxTrax 2 LF electric portal axle, with deliveries starting in 2026 for India and exports. Designed for 11m and 18m city buses, it offers 260 kW and 360 kW variants. The integrated e-axle supports battery-electric, hydrogen, and trolley buses, enhancing efficiency, performance, and zero-emission mobility.
Ashok Leyland Partners with Rajasthan Gramin Bank to Offer Easy Vehicle Loans in Rajasthan
Ashok Leyland signed an MoU with Rajasthan Gramin Bank in Jodhpur on February 17, 2026, to offer customised vehicle loans and flexible repayment options. Leveraging the bank’s wide branch network, the partnership aims to simplify financing, support commercial vehicle buyers, and strengthen business growth across Rajasthan.
Ashok Leyland to Expand Service Network Across Western India
Ashok Leyland will add 30 new service touchpoints in Western India, mainly in Maharashtra, reducing coverage gaps from 35 km to 25 km. The company currently operates 29 dealers, 130 workshops, and 350+ technicians. The expansion supports rising LCV demand and strengthens after-sales service for the growing logistics and infrastructure sectors.
JSW Greentech received CMVR Type Approval from the Automotive Research Association of India for its 12M 51+D AC SDX electric bus. Certified for commercial deployment, the 12-metre bus is designed for urban and intercity transport, focusing on advanced drivetrains, safety compliance, and improved fleet efficiency in India’s growing electric bus market.
New Holland 3032 TX Smart Launched in New Avatar at Krishi Darshan Expo 2026
The New Holland 3032 TX Smart was launched on 15 February 2026 at Krishi Darshan Expo 2026 in Hisar. It features a 37 HP engine, 33 HP PTO, India’s first 6-speed multi and reverse PTO, constant mesh gearbox, and 33 kmph top speed, offering strong performance for farming and haulage applications.
Mahindra Group Appoints Harsh K. Rai as CEO of Farm Division and Gromax
Mahindra Group has appointed Harsh K. Rai as CEO of its Farm Division and Gromax. He has begun field visits to engage farmers, dealers, and teams, focusing on trust and rural partnerships. Rai aims to strengthen farm mechanisation, invest in new technologies, and expand agricultural equipment reach across India, driving innovation and sustainable growth.
Escorts Kubota Reviews US Tractor Exports After India-US Trade Deal
Escorts Kubota Limited is reviewing tractor exports to the US after the India–US trade deal. India faces an 18% tariff versus Japan’s 15%, creating a small gap that may support exports if costs stay competitive. Under Kubota Corporation’s 2030 plan, India is positioned as a key growth and manufacturing hub.
CNH India to Resume US Tractor Exports After Trade Deal, Plans ₹1,800 Crore Investment
CNH India has resumed full tractor exports to the US after import duty was reduced to 18% from nearly 50%. The US accounts for 30% of exports. The company plans ₹1,800 crore investment over three years, including ₹1,000 crore for a new tractor plant to boost domestic production and global supply.
Shivraj Singh Chouhan Launches Bharat-VISTAAR in Jaipur to Boost AI in Agriculture
Shivraj Singh Chouhan launched Bharat-VISTAAR in Jaipur, an AI-based farming platform announced in the Union Budget FY27. Accessible via helpline 155261, it integrates data from the India Meteorological Department, AgMarkNet, NPSS, and Agri-Stack. Covering 10 central schemes, it offers weather updates, mandi prices, and crop guidance through voice-first access.
Ladli Behna Yojana 33rd Installment Released: 1 Lakh Women Miss Out, Know the Reason
The 33rd ₹1,500 installment under Mukhyamantri Ladli Behna Yojana was released on February 14, benefiting 1.25 crore women through DBT, with ₹1,865 crore transferred. Nearly 1 lakh women were removed due to ineligibility, mainly age limits. Beneficiaries now await the state budget for a possible increase in monthly financial assistance.
Ladli Behna Yojana received ₹23,882 crore allocation in MP Budget 2026-27 to continue ₹1,500 monthly support for 1.25 crore women. So far, 33 installments have been released, with each beneficiary receiving ₹38,000–₹42,000 on average. Direct bank transfers ensure transparency, timely payments, and strengthen women’s financial independence across the state.
Gujarat Budget 2026-27: 3.15 Lakh New Houses, ₹4.08 Lakh Crore Outlay Announced
The Gujarat Budget 2026–27 proposes a record ₹4.08 lakh crore outlay with a ₹25,587 crore surplus. It prioritizes 3.15 lakh homes under Pradhan Mantri Awas Yojana, irrigation, MSME support, and renewable energy. Ahmedabad’s Olympic-ready plan, tourism push, farmer assistance, and women-focused welfare underline inclusive growth and infrastructure-driven development across the state.
Unseasonal rain, hailstorms, and strong winds have damaged Rabi crops in Rajasthan, especially harvested produce left for drying. Under Pradhan Mantri Fasal Bima Yojana, farmers get 14-day post-harvest coverage but must report losses within 72 hours. The Agriculture Department has ordered immediate surveys and fast claim processing, with compensation transferred directly to farmers’ bank accounts.
Overall, the week of 16–20 February 2026 reflected strong momentum across India’s commercial vehicle, EV, and agriculture sectors. From electric bus deployments and advanced e-axle technologies to tractor exports and AI-driven farming platforms, the focus clearly remained on innovation and growth. At the same time, government schemes, budget allocations, and quick insurance support ensured financial stability for farmers and women beneficiaries. Together, these developments highlight India’s steady progress toward cleaner mobility, stronger rural empowerment, and sustainable economic expansion.