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Business News » Companies News

Ashok Leyland to supply 500 buses to Sri Lankan Transport Board

The order was part of the Line of Credit extended by the Export Import Bank of India, under the Economic Assistance Scheme of the Indian government.

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Ashok Leyland to supply 500 buses to Sri Lankan Transport Board
Sri Lankan Transport Board operates in diverse routes and conditions and the new Ashok Leyland buses would be best suited for roads in the rural routes, Pic- Reuters

Heavy commercial vehicle maker Ashok Leyland has bagged an order from the Sri Lankan Transport Board to supply 500 buses. Sri Lanka Transport Board is the state owned single largest bus transport provider with 110 depots throughout the island nation and operates buses in city routes, hilly and rural routes and also in long distance inter-city routes.

The Hinduja Group flagship company in a statement here on Wednesday said, as part of the order secured from SLTB, it delivered 75 buses to the neighbouring country.

Also Read: Budget 2023: Experts eye big push for infrastructure sector from government

The order was part of the Line of Credit extended by the Export Import Bank of India, under the Economic Assistance Scheme of the Indian government.

"More than 5,000 Ashok Leyland buses are currently in operation with Sri Lankan Transport Board and these new 32 seater buses are expected to be put into operation in rural routes throughout the island" Ashok Leyland president -- International operations Amandeep Singh said."Ashok Leyland buses and trucks are also manufactured in Sri Lanka, and the brand 'Lanka Ashok Leyland' is well known among Sri Lankans for their daily transportation requirements," he said.

"Ashok Leyland is proud of its long-standing partnership with the Sri Lankan government. We also thank the Government of India for assistance towards strengthening public transport infrastructure in Sri Lanka."

Sri Lankan Transport Board operates in diverse routes and conditions and the new Ashok Leyland buses would be best suited for roads in the rural routes.

Indian High Commissioner, Sri Lanka Gopal Baglay handed over the first set of buses to Sri Lanka Minister of Transport and Highways Affairs Bandula Gunawardana at an event in Colombo recently, the company said.

Also Read: Budget 2023: Why agri stocks are in focus prior to Budget

 

 

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TAGS:
Ashok LeylandAshok Leyland salesAshok Leyland ordersAshok Leyland total vehicles sale
Reported By: PTI
Written By: PTI
Edited By: PTI
Updated: Wed, Jan 18, 2023
11:40 am
Mumbai, PTI
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