Surat's SVLL orders 1,314 trucks from Tata Motors

The order book value is estimated at around Rs 225 cr

Image
BS Reporter Mumbai/ Ahmedabad
Last Updated : Jan 20 2013 | 5:29 AM IST

After its 1,111 medium and heavy commercial vehicle (M&HCV) trucks order being fulfilled, Surat-based Siddhi Vinayak Logistics Ltd. has now placed a record order of 1,314 trucks with Tata Motors Limited. The order book value is estimated at around Rs 225 crore.

One of the largest corporate logistics service providers and one of the largest fleet owner in India, SVLL specialises in transportation by road of steel, cement and chemicals, apart from providing third party logistics. "We have placed our largest order for trucks so far with Tata Motors of around 1,314 M&HCV trucks. Tata Motors had last year fulfilled its order commitments of 1,111 trucks by March 31, 2012. The value of the order should be around Rs 225 crore," said RC Baid, founder and chief mentor of SVLL.

Without divulging much details, a Tata Motors Limited spokesperson confirmed, "SVLL has indeed placed an order of 1,314 trucks with us."

SVLL, which operates across segments like steel, cement, tractors, chemicals, machinery and is a pioneer in new segments like commercial vehicle chassis carriers.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Sep 20 2012 | 12:19 AM IST

Next Story