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Ashok Leyland bags another order from BRTC worth $6.5 million

18 Jun 2012 Evaluate

Ashok Leyland, the Hinduja Group flagship company, has bagged another order from Bangladesh Road Transportation Corporation (BRTC) for 88 AC buses for a value worth $6.5 million under the Indian Line of Credit (LoC) scheme offered for the improvement of Urban transportation in that country. This order comes close on the heels of the recent order to supply 50 Vestibule buses to BRTC.

This order will add to the 11,000 plus vehicles (of different models) that have been exported to Bangladesh. The order also continues the good story of the company’s international operations, volumes for which touched a new peak last year of 12,852 vehicles reflecting a growth of 25%.

Recently, the company bagged order worth $7.6 million for 100 Falcon Buses. The company supplied these 100 buses to Ghana, which were inducted in the fleet of Metro Mass Transit, a transport company, in which the Government of Ghana has 45% stake, for both inter and intra-city applications on 360 routes throughout that country.

Ashok Leyland Share Price

176.65 0.90 (0.51%)
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