According to IMARC Group's latest report titled "India Bus Market Size, Share, Trends and Forecast by Type, Fuel Type, Seat Capacity, Application, and Region, 2026-2034", the market is growing due to rapid urbanization, rising population, and government initiatives promoting sustainable public transport. The study offers a profound analysis of the industry, encompassing market share, size, growth factors, key trends, and regional insights. The report covers critical market dynamics, including the shift towards electric and hybrid buses, the expansion of intercity travel networks, and the modernization of public transit infrastructure in major metropolitan areas.India Bus Market Overview
The India bus market size was valued at USD 2.3 Billion in 2025. Looking forward, IMARC Group estimates the market to reach USD 3.3 Billion by 2034, exhibiting a stable growth rate (CAGR) of 3.68% during 2026-2034.
Request Free Sample Report (Exclusive Offer on Corporate Email): https://www.imarcgroup.com/india-bus-market/requestsample
Top Emerging Trends in the India Bus Market:
Electrification: Rapid adoption of electric buses in both intra-city and inter-city routes to combat pollution and lower operational costs.
Smart Mobility: Integration of GPS tracking, CCTV surveillance, and digital ticketing systems for enhanced passenger safety and convenience.
Luxury Intercity Travel: Growing demand for sleeper and semi-sleeper coaches with AC, Wi-Fi, and charging points for long-distance travel.
Double-Decker Revival: Reintroduction of modern electric double-decker buses in cities like Mumbai for high-capacity transit and tourism.
India Bus Market Growth Factors (Drivers)
Urbanization: Rapid expansion of cities increasing the demand for reliable public transportation.
Government Incentives: Subsidies and tax benefits under schemes like FAME II and PM E-DRIVE encouraging the shift to electric buses.
Environmental Concerns: Rising awareness about air quality driving the replacement of diesel buses with CNG and electric models.
Tourism Growth: robust domestic tourism fueling the demand for comfortable charter and intercity buses in states like Rajasthan and Uttar Pradesh.
Explore the Full Report with Charts, Table of Contents, and List of Figures: https://www.imarcgroup.com/india-bus-market