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Business News » Companies News

CV segment: Tata Motors' receives order worth Rs 900 crore from 25 STUs

Sandeep Kumar, Business Head of Tata Motors said," We have nearly doubled our order book in FY16-17 already and are adequately prepared to cater to the current and future demand coming in for our business." 

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CV segment: Tata Motors' receives order worth Rs 900 crore from 25 STUs
This big buying is being witnessed after a massive gap of nealry four year in STUs. Photo:

Representing a healthy growth outlook in commercial vehicle segment, Tata Motors have announced that it has received orders of over 5000 buses worth Rs 900 crore from 25 state/city transport undertakings (STU) across the country. 

Ravi Pisharody, Executive Director, Commercial vehicle business unit, Tata Motors said," With these orders, we at Tata Motors take great pride in partnering with various STU's in delivering world-class solutions and to create and maintain a sustainable mass public transportation system."

This big buying is being witnessed after a massive gap of nealry four year in STUs. 

Going ahead, Tata Motors will also upgrade these buses with technology benefits. 

To ensure trackability and traceability, Tata Motors will initiate technology such as GPS enabled on-board ITS (intelligent transport system), public information system via electronic destination boards, CCTV cameras and smart multi-mode ticketing. 

In regards to comfort of the passengers, some of these buses will be built with features like air-conditioning, lower NVH (noise, vibration, harshness), automatic transmission set-ups, adoption of bus body code practices, wider passage-ways and many other facilities. 

Over 1500 ordered buses will be fully built and integrated with the features above at Tata Motors JV manufacturing facility at Tata Marcopolo amd ACGL Goa. 

Pisharody added,"Tata Motors plan ot execute all these orders in the current financial year which will enable them to strengthen their leadership position in the CV passenger space. 

Sandeep Kumar, Business Head of Tata Motors said," We have nearly doubled our order book in FY16-17 already and are adequately prepared to cater to the current and future demand coming in for our business." 

Tata Motors has also developed electric hybrid buses and articulated buses to meet the future transport needs for 'envisaged smart cities' both of which is expected to be soon on Indian roads.

 

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TAGS:
Tata Motorscommercial vehiclesstate transport undertakings (STU)electric hybrid busesbusesAutomobile
Written By: ZeeBiz WebTeam
Updated: Tue, Sep 06, 2016
06:11 pm
Mumbai , ZeeBiz WebDesk
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