Avis India earmarks ₹550 crore for FY27 fleet expansion, targets ₹700 crore revenue
The corporate mobility provider plans to expand its owned operating-lease and premium rental fleet, with FY27 capex up 175% from ₹200 crore in FY26. Avis India operates about 12,000 vehicles across rental and leasing businesses.
Avis India plans ₹550 crore FY27 capex to expand its owned corporate leasing and premium rental fleet, targeting ₹700 crore revenue. Growth is driven by corporate clients shifting to organised mobility providers, while EV leasing remains limited by usage economics, vehicle availability and uncertain residual values.
Why this matters
The move follows the recent signal that Avis India plans ₹550 crore of FY27 capex to expand its fleet and target ₹700 crore revenue, reinforcing its focus on scaling rental and leasing capacity.
Retail-company is accelerating, up 1,115,700% QoQ.