The Ministry of Road Transport and Highways has signed a Memorandum of Understanding with Eicher Trucks & Buses to accelerate the replacement of aging commercial vehicles across the National Capital Region. The agreement, executed under the federal scheme for supporting the National Capital Region Planning Board, focuses on transitioning older transport fleets to compliance with BS-VI emission standards and electric vehicle alternatives.
Under the terms of the partnership, Eicher Trucks & Buses will provide a concession consisting of an 8 percent discount on the ex-showroom price of eligible vehicles acquired through the modernization program. The initiative targets the phased decommissioning of commercial trucks and buses operating under BS-IV or earlier emission standards within the region. Beyond the manufacturer discount, eligible fleet operators can access various government-backed provisions, including statutory concessions on motor vehicle tax, registration fee waivers, interest subvention programs, and localized fuel benefits.
S.S. Gill, Chief Commercial Officer of VE Commercial Vehicles Limited, noted that the program utilizes combined incentives from the central government alongside the state administrations of Delhi, Haryana, Uttar Pradesh, and Rajasthan.
The operational rollout of the replacement scheme is designed around a centralized digital infrastructure. This online platform is integrated directly with the ministry’s VAHAN database and regional vehicle scrapping ecosystems to automate eligibility verification and process localized financial benefits for commercial vehicle owners.