In a recent disclosure to Securities and Exchange Board of India ) SEBI, Original Equipment Manufacturer, Ashok Leyland Ltd., informed the board of a State Transport Undertaking order of 2580 buses that the company has bagged. As per the order, Ashok Leyland is contracted to deliver the buses before March 2019. The STU order of 2580 buses were bagged from Institute of Road Transport (IRT), Chennai, Uttar
Pradesh State Roadways Transport Corporation (UPSRTC) and Chandigarh Transport Undertaking (CTU).
On the order, claimed to be the largest from STU’s for a single OEM, expressed Vinod Dasari, Managing Director, Ashok Leyland, “We are very happy to receive the confirmation of these orders from state transport undertakings. Our ability to bring value, combined with our superior technology and innovation will help us maintain our leadership position
in buses in India.” Claimed Sanjay Saraswat, Senior Vice President, Global Buses, Ashok Leyland that the 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. Our in-depth understanding of what works for our markets and customers is what differentiates us and has helped us win these orders,” he explained. As the fourth largest manufacturer of buses globally, the latest order is expected to help Ashok Leyland further consolidate it’s leadership in the bus market.
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