Tata Motors bags orders for 5k buses worth Rs 900 cr from STUs
Tata Motors today said it has bagged orders of over 5,000 buses worth of about Rs 900 crore from 25 state/city transport undertakings (STUs) across the country. Tata Motors plans to execute all these orders in 2016-17.
Over 1,500 of the ordered buses will be fully built and integrated with these features at Tata Motors JV manufacturing facility at Tata Marcopolo (Dharwad and Lucknow) and ACGL Goa. The company said the orders represented a healthy growth of over 80 per cent compared to last year in the order book position for Tata Motors.
Future of Commercial vehicles will be quite tough. Now the focus is slowly shifting towards Hybrid and alternative fuel vehicles. Not only TATA but other Indian auto giants like M&M, AshLey, AMW, etc., will need to gear up for the future. TATA Bags order for 5000 Buses