LIVE TV
ZEE Business
ZEE BUSINESS
हिंदी में पढ़ें  हिंदी में पढ़ें
Live TV
Live TV
  • Home
  • Budget 2021
  • Personal Finance
    • PPF
    • Mutual Funds
    • Income tax
    • EPFO
    • Income Tax Calculator
    • Personal Loan Calculator
    • Car Loan Calculator
    • Home Loan Calculator
    • SIP calculator
    • SWP Calculator
    • MF Returns Calculator
    • Lumpsum Calculator
  • India
    • Companies
    • Property
    • Startups
    • Uidai
  • Economy
    • Aviation
  • Tech
    • Mobiles
    • Apps
  • Auto
    • Cars
    • Bikes
  • Markets
    • Commodities
    • Currency
  • Jobs
  • Indian Railways
  • World
    • Economy
    • Politics
    • Markets
  • videos
  • photos
  • Authors
  • More ...
    • VIDEOS
    • PHOTOS

Read in App
Business News » Companies News

Ashok Leyland wins Rs 650 crore order from KSRTC for over 3,000 buses

This is one of the largest orders from the State Transport Undertaking given to a single bus manufacturer. Ashok Leyland will provide 3019 buses to KSRTC under the order.

  • Twitter
  • Facebook
  • Linkedin
  • whatapp
  • View in App
Ashok Leyland wins Rs 650 crore order from KSRTC for over 3,000 buses
Global Trucks, Ashok Leyland President Anuj Kathuria addresses a press conference on 'entire product line and service initiatives' in Kolkata on July 4, 2017. Photo: Kuntal Chakrabarty/IANS
Written By: ZeeBiz WebTeam
Updated: Mon, Jul 24, 2017
04:25 pm
Mumbai, ZeeBiz WebDesk
RELATED NEWS
Ashok Leyland first-quarter profit falls about 62 percent Ashok Leyland first-quarter profit falls about 62 percent
Recovery in MHCV sales helps Ashok Leyland gain 7% rise in shares Recovery in MHCV sales helps Ashok Leyland gain 7% rise in shares
Will Mahindra dodge BS-III impact like CV firms Tata Motors, Ashok Leyland in its Q4 results? Will Mahindra dodge BS-III impact like CV firms Tata Motors, Ashok Leyland in its Q4 results?
Ashok Leyland's Q4 jumps to Rs 476 crore; shares rise 6% Ashok Leyland's Q4 jumps to Rs 476 crore; shares rise 6%
Here's how Ashok Leyland is one step ahead of competitors in the BS-IV race Here's how Ashok Leyland is one step ahead of competitors in the BS-IV race
Key highlights:
  • Ashok Leyland confirmed that it had won an order worth about Rs 650 crore
  • The company will provide KSRTC with 3019 buses
  • Shares of Ashok Leyland increased by 0.87%

Ashok Leyland on Monday confirmed that it had won an order worth about Rs 650 crore from KSRTC for 3019 buses. This order is one of the largest from the State Transport Undertaking for a single OEM, said the company in a statement.

The order would be executed in the current financial year which would help Ashok Leyland in furthering its leadership position in buses.

Shares of Ashok Leyland increased by 0.87% or Rs 0.90 at Rs 104.05 per piece on BSE at 15:50 hours.

Vinod K Dasari, Managing Director, Ashok Leyland said, “We are very happy to receive the confirmation of this order from KSRTC. Our ability to bring value to customers like KSRTC, is a statement to our superior technology and innovation, combined with low costs.”

T Venkataraman, Senior Vice President, Global Buses, Ashok Leyland said, “Our buses are durable, robust, and employ the latest in technology. The cost of ownership and the product experience which we can deliver is the best in the industry. Our in-depth understanding of what works for our markets and customers is what differentiates us and has helped us win this order from KSRTC.”

This order will fulfill requirements from KSRTC, NWKRTC, BMTC and NEKRTC. The order includes 210” WB, fully built Karnataka Saarige Bus on 210' WB chassis, fully built Rajahamsa Bus on 222” WB, fully built non-AC sleeper coaches on 222” WB chassis and fully built Midi bus on 205” WB chassis.

ALSO READ:
  • Recovery in MHCV sales helps Ashok Leyland gain 7% rise in shares
  • Will Mahindra dodge BS-III impact like CV firms Tata Motors, Ashok Leyland in its Q4 results?
  • Ashok Leyland's Q4 jumps to Rs 476 crore; shares rise 6%

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

TAGS:
Ashok LeylandKSRTCAshok Leyland ordersbusesState TransportVinod K DasariAshok Leyland sharesAuto
RELATED NEWS
Ashok Leyland first-quarter profit falls about 62 percent Ashok Leyland first-quarter profit falls about 62 percent
Recovery in MHCV sales helps Ashok Leyland gain 7% rise in shares Recovery in MHCV sales helps Ashok Leyland gain 7% rise in shares
Will Mahindra dodge BS-III impact like CV firms Tata Motors, Ashok Leyland in its Q4 results? Will Mahindra dodge BS-III impact like CV firms Tata Motors, Ashok Leyland in its Q4 results?
Ashok Leyland's Q4 jumps to Rs 476 crore; shares rise 6% Ashok Leyland's Q4 jumps to Rs 476 crore; shares rise 6%
Here's how Ashok Leyland is one step ahead of competitors in the BS-IV race Here's how Ashok Leyland is one step ahead of competitors in the BS-IV race

LATEST NEWS

Tata Power Solar wins Rs 1,200 crore order to set up 320 MW project from NTPC

Anand Mahindra to gift THAR-SUV to Natarajan, Mohammed Siraj, Thakur, Washington Sundar, Shubman Gill and Navdeep Saini

WATCH! PM Modi distributes land allotment certificates to indigenous people in Assam's Sivasagar

Budget 2021: Customary halwa ceremony to kickstart budget proceedings today

Mumbai fake gold case: Gang dupes jewelers

Republic Day 2021: Full-dress rehearsal today, these metro stations to remain closed till noon; check Delhi Police traffic advisory here

Employees Provident Fund (EPF) wage ceiling: PF deduction on Rs 21,000 instead of Rs 15,000 likely soon

Worse heart health noticed in fat people, even in those who exercise

7 planets orbiting TRAPPIST-1 may be made of similar stuff

Papua New Guinea hit by 5.7 magnitude earthquake

  • India News
  • World News
  • Companies News
  • Market News
  • Personal Finance News
  • Technology News
  • Automobile News
  • Small Business News
  • Income Tax Calculator
  • Live TV
  • Videos
  • Photos
  • Author
  • Rss Feed
  • Advertise with us
  • Privacy Policy
  • Legal Disclaimer

Latest Trending Updates

  • EPFO
  • Budget 2020
  • Income Tax Return
  • Auto Expo 2020
  • Home Loan
  • Business News

Trending Topics

  • Income Tax
  • income Tax Calculator
  • 7th Pay Commission
  • Reserve Bank of India
  • GST
  • Latest Business News

Follow us on

zeebiz
zeebiz

Partner Sites

  • Zee News
  • Hindi News
  • Marathi News
  • Bengali News
  • Tamil News
  • Malayalam News
  • Gujarati News
  • Telugu News
  • Kannada News
  • DNA
  • WION
Copyright © Zee Media Corporation Ltd. All rights reserved