-3.15 (-0.94%) Tata Motors has bagged an order for 500 buses from Ivory Coast. As part of the deal, the company has handed over the first lot of 117 low-floor urban city buses to the African nation. The buses are being financed under the Exim Bank of India for operation by SOTRA - Abidjan Transport Company. Built on Tata Motors next-generation heavy commercial vehicle platform, the Tata LPO 1924 RESLF buses have been developed with inputs from SOTRA, with a high degree of customisation based on feedback gathered through city trails over the last couple of months.
Tata Motors is India's largest automobile company. Through subsidiaries and associate companies, Tata Motors has operations in the UK, South Korea, Thailand, South Africa and Indonesia. Among them is Jaguar Land Rover, the business comprising the two iconic British brands.