Delhi-NCR Truck Replacement Scheme Expands with Eicher Trucks and Buses Participation

The Delhi-NCR Truck Replacement Scheme has expanded with three additional commercial vehicle manufacturers joining the Government of India's initiative aimed at replacing older trucks and buses operating across the Delhi-NCR region. On June 29, Eicher Trucks and Buses, a business unit of Volvo Eicher Commercial Vehicles, along with Force Motors and Pinnacle Mobility Solutions, signed Memorandums of Understanding (MoUs) with the Ministry of Road Transport and Highways (MoRTH). Their participation is expected to strengthen the implementation of the vehicle replacement program by providing additional purchasing options and financial benefits for eligible fleet operators.

Three More OEMs Join the Vehicle Replacement Initiative

The newly signed MoUs formally add Eicher Trucks and Buses, Force Motors, and Pinnacle Mobility Solutions to the Government of India's commercial vehicle replacement scheme for the Delhi-NCR region. Through this initiative, participating original equipment manufacturers (OEMs) support customers by offering financial incentives designed to encourage the replacement of aging commercial vehicles with newer and more efficient alternatives. The expanded participation increases the number of manufacturers available under the scheme while supporting the government's objective of modernizing commercial transportation across the region.

Financial Benefits Available Under the Scheme

Eligible buyers receive a combination of manufacturer discounts and government-backed incentives intended to lower the overall ownership cost of replacement vehicles. Participating OEMs provide an 8% discount on the ex-showroom price of eligible vehicles. For electric vehicles, the available discount is capped at the equivalent internal combustion engine (ICE) vehicle rate within the same gross vehicle weight (GVW) category. These incentives are complemented by financial support from both central and state governments to improve affordability.

The Central Government provides a 5% interest subvention along with fixed monthly fuel vouchers for a period of five years. In addition, participating state governments offer concessions of up to 100% on motor vehicle tax for ten years while also waiving vehicle registration fees. Together, these measures are intended to reduce acquisition and operating costs for commercial vehicle owners replacing older fleets.

Participating Manufacturers Continue to Expand

With the latest signings, the three manufacturers join six OEMs that had already become part of the initiative. Those companies include Ashok Leyland, Switch Mobility, Tata Motors, Mahindra and Mahindra, SML Mahindra, and Daimler India Commercial Vehicles (DICV). The growing list of participating manufacturers broadens the range of eligible commercial vehicles available under the scheme and supports the Government of India's ongoing efforts to accelerate fleet modernization within the Delhi-NCR region.

Current Participating OEMs

The scheme now includes a broad group of commercial vehicle manufacturers supporting the replacement initiative.

Frequently Asked Questions

What is the Delhi-NCR Truck Replacement Scheme?
The Delhi-NCR Truck Replacement Scheme is a government-supported initiative designed to encourage the replacement of older commercial trucks and buses with newer vehicles through manufacturer discounts and government incentives. Participating OEMs provide eligible buyers with ex-showroom price discounts, while the Central Government offers interest support and fuel vouchers. State governments may also provide motor vehicle tax concessions and registration fee waivers, making the transition to newer commercial vehicles more financially attractive.

What incentives are available under the scheme?
Eligible participants receive multiple financial benefits from manufacturers and government agencies to reduce the cost of purchasing replacement commercial vehicles. OEMs offer an 8% discount on the ex-showroom price, with electric vehicle discounts capped at the corresponding ICE vehicle rate within the same GVW category. Additional support includes a 5% interest subvention, fixed monthly fuel vouchers for five years, up to 100% motor vehicle tax concessions for ten years, and registration fee waivers from participating state governments.

Which manufacturers are participating in the initiative?
The initiative currently includes several leading commercial vehicle manufacturers that have signed MoUs with the Ministry of Road Transport and Highways to support the replacement program. The newest participants are Eicher Trucks and Buses, Force Motors, and Pinnacle Mobility Solutions. They join Ashok Leyland, Switch Mobility, Tata Motors, Mahindra and Mahindra, SML Mahindra, and Daimler India Commercial Vehicles, expanding customer choice under the scheme.