New Delhi, Feb. 24 -- EaseMyTrip Chief Executive Officer Rikant Pittie has said that the company will invest Rs.200 crore in the manufacturing of electric buses in Madhya Pradesh.

The company plans to deploy 500 buses across the state in 2025 and is also eyeing exponential expansion, targeting 1,000 buses next year.

Pittie made the announcement at the Madhya Pradesh Global Investors Summit (GIS) 2025 in Bhopal.

The online travel booking platform aims to revolutionize sustainable transport in the state aligning with India's growing EV industry, which is currently valued at $3 billion and expanding at an 18 per cent CAGR.

EaseMyTrip, through its subsidiaries YoloBus and Easy Green Mobility, has bagged a tender to launch electric buses i...