Ashok Leyland bags orders for 4,000 buses from state transport undertakings
- Livemint" target="_blank">Livemint
- September 10, 2014
Mumbai: Auto maker Ashok Leyland Ltd, part of the Hinduja Group, has received orders for around 4,000 buses from state transport undertakings (STUs), the company said on Tuesday.
A total of 22 STUs across the country, including Calcutta State Transport Corporation (CSTC), Bangalore Metropolitan Transport Corporation (BMTC), Andhra Pradesh State Road Transport Corporation (APSRTC), Jaipur City Transport Services Ltd (JCTSL) and Pune Mahanagar Parivahan Mahamandal Ltd (PMPML), have placed large orders with the company, it said.
The company will supply over 2,000 buses to the Jawaharlal Nehru National Urban Renewal Mission (JNNURM-II) scheme. It has also received orders from the international market for its buses, said Vinod K. Dasari, managing director at the firm.
Last week, Tata Motors Ltd announced that the company has received an order for 2,700 buses from various state transport corporations. The fresh orders for buses from states-owned companies come as a big relief for bus makers that have seen a contraction in sales with the previous orders drying up.
Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.
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