Ashok Leyland Bags Bulk Order Worth Rs 650 cr. For 3019 Buses From Karnataka RTC

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Ashok Leyland, the commercial vehicle manufacturer owned by the Hinduja Group, confirmed that the company has received a bulk order from the Karnataka State Road Transport Corporation (KSRTC) for 3,019 buses. The order has been valued at Rs 650 crore.

This order, one of the bulkiest from a State Transport Undertaking towards a single OEM, would be completed in the current financial year which would help Ashok Leyland in enhancing its position of leadership in the bus segment.

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Commenting on the announcement occasion, Ashok Leyland Managing Director Vinod K Dasari said "we are delighted to receive the approval of this order from Karnataka RTC. Our strength to bring value to customers like KSRTC is a testament to our superior technology and innovation, combined with low costs."

T Venkataraman, senior vice president, Global Buses, Ashok Leyland, said. "Our buses are durable, robust, and employ the latest in technology. The cost of ownership and the product experience which we can deliver is the best in the industry." This order will fulfil requirements from KSRTC, NWKRTC, BMTC and NEKRTC, the release added.

The order includes 210" WB, fully built Karnataka Saarige Bus on 210' WB chassis, fully built Rajahamsa Bus on 222" WB, entirely built non-AC sleeper coaches on 222" WB chassis and fully made Midi bus on 205" WB chassis. UNI GV CS 1556.

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With this order, Ashok Leyland has once more proven that they are worthy competitors, despite having tougher competition from international brands like Volvo and Scania.

Read more on: #ashok leyland
Story first published: Friday, July 28, 2017, 13:00 [IST]
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