On April 10, 2025, GreenLine Mobility Solutions Ltd. announced a significant investment of $275 million to accelerate the decarbonization of India’s heavy trucking sector. This investment, which includes a $20 million contribution from entrepreneur Nikhil Kamath, will be used to deploy over 10,000 LNG and electric vehicles (EVs) across the country.
Additionally, the funds will support the establishment of a nationwide network of 100 LNG refueling stations, EV charging stations, and battery swapping facilities. This initiative aims to reduce carbon emissions in India’s transportation sector by 1 million tonnes annually. Currently, GreenLine operates a fleet of over 650 LNG trucks, which have covered more than 38 million kilometers and reduced CO₂ emissions by 10,000 tonnes.
The company’s LNG-powered trucks offer a significant reduction in CO₂ emissions, up to 30%, compared to conventional diesel trucks. This investment marks a crucial step towards a more sustainable and environmentally friendly transportation sector in India.
“We are really excited about this game-changing shift in India’s heavy trucking industry. We see this as an opportunity to not only build the green mobility ecosystem, but also, in the future, invest in clean energy sources to power our electric trucks. This integrated approach will significantly reduce emissions, cut down on energy imports, and help drive India towards achieving a more sustainable, energy-secure future,” said Anshuman Ruia, Director at Essar.
Anand Mimani, CEO of GreenLine Mobility Solutions Ltd., added, “GreenLine has been at the forefront of decarbonising India’s heavy trucking industry, making significant progress from the very start. As leaders in this space, this investment brings us even closer to our vision of transforming India’s road logistics sector. We request India Inc. to embrace this evolving landscape and actively support the transition towards a greener and more sustainable future for all.”
Investor Nikhil Kamath commented, “The logistics industry needs to evolve—faster, cleaner, and smarter. Green mobility isn’t just a trend; it’s the inevitable future. Backing GreenLine is a bet on that future, where sustainability and efficiency go hand in hand. More companies need to take the leap, adopt green tech, and rethink how we move goods at scale. This shift is happening—with or without you.”
