India’s electric commercial vehicle market has a new contender. JSW Greentech, part of the JSW Group, unveiled AMPSTAR on September 22 to make electric buses and heavy-duty trucks for Indian roads and operating conditions. Backed by an initial ₹2,500 crore investment, the JSW AMPSTAR EV venture is preparing a 90-acre plant in Maharashtra with capacity for 15,000 vehicles a year. Its first products include buses for multiple routes and a 55-tonne tractor-trailer. Beyond manufacturing, the company plans charging, flexible ownership, and maintenance support, while using JSW’s own steel and cement operations to test vehicles before wider fleet sales begin nationwide.
Quick answer: JSW Greentech has launched AMPSTAR, a brand for electric buses and heavy trucks. Its Chhatrapati Sambhajinagar plant is designed to produce up to 15,000 vehicles annually, including 10,000 buses and 5,000 trucks. That figure is manufacturing capacity, not vehicles already produced.
The numbers behind AMPSTAR
- Initial investment: ₹2,500 crore
- Manufacturing site: A 90-acre facility in Chhatrapati Sambhajinagar, Maharashtra
- Initial annual capacity: 10,000 electric buses and 5,000 electric trucks
- First truck: A 55-tonne electric tractor-trailer
- Bus range: Planned models from 7 to 18 meters for staff, city, and intercity transport
- Next phase: A potential increase to 25,000–30,000 vehicles a year
A new factory built around commercial EVs
JSW Greentech says commercial production is expected to begin within a month of the launch. The facility brings together battery-pack assembly, an automated truck-cabin line and a pre-treatment and electro-deposition process for bus manufacturing. The company says the latter will improve corrosion protection and structural strength; its claimed improvement of around 50% has not yet been independently established in the information provided.
The JSW AMPSTAR EV expansion plan could raise annual capacity to 25,000 or 30,000 units, with a possible further investment of ₹1,500 crore to ₹2,000 crore. These remain plans rather than committed production volumes. JSW has also expressed a wider ambition to sell 100,000 electric buses and trucks annually by 2030.
Electric buses and trucks for Indian fleets
AMPSTAR’s proposed bus line covers school and staff transport as well as city and intercity routes. Trucks will start with a 55-ton electric tractor-trailer, followed by tippers, fixed-body trucks, and dumpers. The supplied product plans describe powertrain configurations from 150 kW to 500 kW, with fixed and swappable battery options for trucks. Final specifications will matter most when individual models reach customers.
JSW plans to deploy vehicles within its steel and cement businesses while also offering them to outside fleet operators. Those internal routes give the company a way to assess charging, reliability, and operating costs under daily commercial use. In one cement-route trial described by JSW, an electric truck cost ₹465 per tonne to operate against ₹580 per tonne for a diesel truck; results on other routes will depend on factors including utilization and charging costs.
The pitch goes beyond vehicle sales.
The JSW AMPSTAR EV business is being positioned as a fleet service that combines vehicles with charging, after-sales support, and development work from an R&D centre in Pune. JSW has outlined outright purchases, leasing, Battery-as-a-service, and usage-based payment models. For operators, these options could reduce the initial cost of switching, but their value will depend on contract terms and dependable service.
Parth Jindal has highlighted range anxiety as a daily operational issue for fleets. Charging access, vehicle uptime, and maintenance support will therefore be as important to AMPSTAR’s prospects as the trucks and buses themselves. The company projects annual revenue of roughly ₹12,000 crore to ₹15,000 crore at full plant utilization over five to seven years; that is a business target, not current revenue.
Why the launch matters
JSW Greentech was established in 2024. Its first electric bus, the JSW 12M 51+D AC SDX, received CMVR type approval from the Automotive Research Association of India in February 2026, a step toward commercial rollout subject to orders and procurement processes.
For JSW Group Chairman Sajjan Jindal, electrifying heavy transport is tied to reducing India’s dependence on imported oil. For fleet customers, the immediate test is more practical: whether an electric bus or truck can complete its route reliably and lower total operating costs. JSW AMPSTAR EV now has a sizeable factory plan and a built-in fleet to help answer that question.
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