Tata Motors Joins Delhi-NCR Vehicle Replacement Scheme, Offers 8% Discount on New Trucks and Buses
Under the agreement, Tata Motors will offer an 8% discount on the ex-showroom price of eligible trucks and buses purchased under the scheme. For electric vehicles, the discount will be capped at the level applicable to an equivalent Internal Combustion Engine (ICE) vehicle in the same Gross Vehicle Weight (GVW) category.
In addition to the OEM discount, the Central Government will provide a 5% interest subvention and fixed monthly fuel vouchers for five years. Participating State Governments will offer up to 100% concession on motor vehicle tax for 10 years and waive registration fees for eligible beneficiaries.
Earlier this week, Ashok Leyland and Switch Mobility also joined the scheme. Together with Tata Motors, these OEMs account for around 50% of India's truck and bus market, providing a significant boost to the replacement of older, high-emission commercial vehicles with cleaner and more efficient alternatives.
Published on:
19 June 2026
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