The demand for fully built buses from automotive original equipment manufacturers (OEMs) is rapidly wheeling in, driven by the revival of passenger mobility after Covid-19. Automotive giants Tata Motors and Ashok Leyland are capitalising on this shift, observing a marked increase in orders for fully built units (FBUs).
Anand S, vice-president (V-P) and head of commercial passenger vehicle business at Tata Motors, told Business Standard that the company has seen considerable growth in FBUs over the past five to six years.
“In 2018-19, the salience for FBUs stood at around 55 per cent. In the first quarter (Q1) of