Tata Motors won orders to supply 5,000 buses worth Rs.900 crore to 25 State Transport Units (STU), during the first quarter of the financial year.
The company said the orders represented a healthy growth of over 80% from the same period a year ago and are the highest in the last four years.
Executive Director, CV Business Unit, Ravi Pisharody at Tata Motors said in a statement, “With these orders, we at Tata Motors take great pride in partnering with various STU’s, in delivering world-class solutions and to create and maintain a sustainable mass public transportation system. The orders will definitely enable us to further strengthen our leadership position in the CV Passenger space’’
Some of the orders require an IT-enabled bus to ensure traceability and trackability with the included features like CCTV cameras, electronic destination boards, public information systems, GPS-enabled on board intelligent transport system, smart mode-multi ticketing, WiFi, and diagnostics.
Over 1,500 of the ordered buses will be entirely built and integrated with these features at Tata Motors JV manufacturing facility at Tata Marcopolo (Lucknow and Dharwad) and ACGL Goa. The bulk of these orders has come from the states like Uttarakhand, Himachal Pradesh, Andhra Pradesh, and Uttar Pradesh.
The company has almost doubled its order book in 2016-17 already and is satisfactorily prepared to cater to the current and future demand for its buses, said Tata Motors Business Head, Sandeep Kumar.
Tata Motors has also developed Electric Hybrid buses to meet the future transportation requirements which will soon be soon on the Indian roads.
Tata Motors Gets Order of 5,000 Buses Worth INR 900 Crore
