News Snapshot:
NEW DELHI, April 21 (Reuters) - India's large bus makers including Tata Motors (TAMO.NS), JBM Auto (JBMA.NS) and PMI Electro have not bid for the latest government contract to supply nearly 5,000 electric buses because they fear not getting paid on time, three sources told Reuters. Some companies have also stayed away because of new labour clauses in the tender documents, an industry source and a government official said, slowing India's efforts to curb vehicular pollution by electrifying its public transport. Prime Minister Narendra Modi's government wants to deploy 50,000 electric buses countrywide over the next few years which is...
