The auto major said that it is the largest order till date from Andhra Pradesh State Civil Supplies Corporation.
Tata Motors on Friday (23 October 2020) announced that it has bagged the prestigious order of 6413 vehicles from Andhra Pradesh State Civil Supplies Corporation. The auto major emerged as the top bidder and will be delivering the fully-built Tata Ace Gold vehicles. The vehicles are to be used as mobile dispensing units for the doorstep delivery of supplies in the state of Andhra Pradesh, and will be customised by Tata Motors to perfectly suit the application. The Tata Ace Gold was chosen for its value-for-money, low cost of operations, durability and versatility. The e-bidding process was carried out through the government e-marketplace.Vinay Pathak, vice president, product line, SCV & PU, Tata Motors, said, "We're delighted to be associated with Andhra Pradesh Civil Supplies Corporation. It is one of the most prestigious orders we have won till now, and we will not only be delivering the customised, fully-built Ace Gold mini trucks, but also be helping the corporation in the comprehensive maintenance of the vehicles. It gives me immense joy to see that our upgraded range of BS6 vehicles are extremely well received by the customers, be it private owners or government bodies."
Tata Motors is a leading global automobile manufacturer of cars, utility vehicles, pick-ups, trucks and buses. It has operations in India, the UK, South Korea, Thailand, South Africa, and Indonesia through a strong global network of 103 subsidiaries, 10 associate companies, 3 joint ventures and 2 joint operations as on 31 March 2020.
The auto major reported a consolidated net loss of Rs 8,438 crore in Q1 June 2020, higher than net loss of Rs 3,698.34 crore in Q1 June 2019. Net sales in Q1 FY21 stood at Rs 31,481.86 crore, falling 48% from Rs 60,830.16 posted in Q1 FY20.
Shares of Tata Motors rose 2.66% to Rs 137 on Friday.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
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
