Tata Motors bags orders for over 5,000 buses from STUs in India
The company plans to execute all these orders, which will further strengthen its leadership position in the CV passenger space, in the financial year 2016-17
BS B2B Bureau Mumbai Tata Motors has received orders for over 5,000 buses from 25 state and city transport undertakings across the country. This represents a healthy growth of over 80 percent plus compared to last year in the order book position for Tata Motors. The big surge in state transport undertakings (STU) buying across is being witnessed after a gap of nearly four years, indicating renewed focus of various state governments and city transport providers on public transport.
The orders from various STU & city transport providers represents a noticeable shift towards adopting new technology, safety, comfort features and connected IT enabled buses. Tata Motors will also support these STUs to make certain the technology benefits are rapidly realised.
Over 1500 of the ordered buses will be fully built and integrated at Tata Motors JV manufacturing facility at Tata Marcopolo (Dharwad & Lucknow) and ACGL Goa.
Ravi Pisharody, executive director, commercial vehicle business unit, Tata Motors Ltd, said, “With these orders, we at Tata Motors take great pride in partnering with various STUs, in delivering world-class solutions and to create and maintain a sustainable mass public transportation system. We are encouraged by the adoption of latest technologies by these STUs, for fleet modernisation, lower total operating costs and expanding user base & ridership. We welcome the collaborative approach employed by these STUs in bettering end user needs, which will further help boost our efforts towards innovations in the public transport space.”
Pisharody added, “Tata Motors plans to execute all these orders in the financial year 2016-17. The orders will definitely enable us to further strengthen our leadership position in the CV Passenger space.”
Tata Motors has also developed electric hybrid buses and articulated buses to meet the future transport needs for ‘Envisaged Smart Cities’, both of which will soon be seen on Indian roads.
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