Chennai, India (BBN)- Ashok Leyland, the Hinduja Group flagship, has announced the winning of another order from Bangladesh Road Transport Corporation (BRTC) for 88 AC buses for a value worth US$ 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, the company has said in a press statement.
The contract was signed by Antony Lobo, Special Director – International Operations, Ashok Leyland and M M Iqbal, Chairman-BRTC, in the presence of Abdullahel Karim, Director-Technical, BRTC and I A Tipu, Chairman, Ifad Group, in the capital Dhaka last week, according to the statement.
Vinod K Dasari, Managing Director, Ashok Leyland, said that winning this order was yet another significant step towards achieving Ashok Leyland’s vision to be globally among Top 10 Truck and Top 5 Bus manufacturers.
“This also represents our commitment to partner BRTC in the process of taking urban transportation in Bangladesh to a new level and underscores our preeminent status as the leading CV player in that country. At this juncture, I would like to express my thanks to our Bangladesh dealer, Ifad Autos, of over two decades for their continued support and co-operation,” he added.
This order will add to the 11,000+ 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 percent, the company added.
BBN/SSR/AD-21JUne12-10:38 am (BST)
