Tata Motors eyes Rs 600-cr biz from buses under JNNURM 2

Tata Motors today said it is expecting business of Rs 600 crore for supplying buses under the Centre's urban renewal programme JNNURM, the second phase of which is underway.
"As far as the orders go for JNNURM, around 50 per cent of the total orders are placed with Tata motors. But the company has taken lead in supply of vehicles under this scheme. So if you take the supplies, it is around 65 per cent of the total buses that are rolled out under this scheme," V S Noronha, Vice President, Tata Motors, told PTI.
He was here for the launch of 23 vehicles under this scheme.

"We are expecting Rs 600 crore business total under Jawaharlal Nehru National Urban Renewal Mission (JNNURM)two, JNNURM one was around Rs 400 crore," he added.
Noronha said government's big vision is to make public transport a pleasant experience to commuters.
"Many of the specifications of new JNNURM vehicles such as electronic tracking system, electronic displays, floor entry and wide exits are for the convenience of the commuters," Noronha said.

The company has to manufacture the buses with these features for the ease of public, he said.
"All the on board electronics have been mandated and this will slowly catch on and public will have better experience while travelling in such JNNRUM buses," Noronha added.

"Under JNNURM I, we supplied almost 6,000 units out of total 10,000. In JNNURM two, we have order for 5,000 and we have supplied 2,500...," he added.
The company has already launched 650 buses in Himachal Pradesh, and several others in the civic bodies around Mumbai including Kalyan Dombivili Municipal Corporation and Navi Mumbai Municipal Corporation.
He said a normal bus would be in the range of Rs 14-15 lakh but under JNNURM specifications, the average cost of a bus would Rs 19-23 lakh and for larger cities, it is Rs 45-60 lakh.