Ashok Leyland has bagged an order worth $6 million for 50 Vestibule buses from the Bangladesh Road Transport Corporation (BRTC). The company has bagged order under the Indian line of credit (LoC) scheme offered for the improvement of urban transportation in Bangladesh country. This also marks the company’s first order for such buses from an overseas market.
Last week at Dhaka, an agreement to this effect was signed by the Chairman of BRTC and the company. Besides, Ashok Leyland has exported more than 9,500 vehicles of different models to Bangladesh through their sole distributor, Ifad Autos.
Last year, the company had bagged the single largest order for 290 double-decker buses worth $23.30 million from the country which was one of the contributing factors in boosting the company’s exports to a new high of 12,852 vehicles reflecting a growth of 25%.
Ashok Leyland is the flagship of the Hinduja Group and a leading manufacturer of commercial vehicles in India.
