India’s leading commercial vehicle manufacturing company, Ashok Leyland has received its first overseas order for its vestibule buses, worth $6 million from Bangladesh Road Transport Corporation (BRTC).
The Chennai-headquartered company said it received the order for 50 units valued at $6 million under the Indian Line of Credit scheme offered by for the improvement of urban transportation in that country.
An agreement to this effect was signed between BRTC and Ashok Leyland recently.
"We were the first to introduce vestibule buses in India and now are excited about introducing this vehicle in Bangladesh," said Vinod K Dasari, managing director, Ashok Leyland.
Ashok Leyland has so far exported 9,500 vehicles across various ranges to Bangladesh, it said.
In 2011, Ashok Leyland had received its first single largest order for 290 double-decker buses valued at $23.3 million from Bangladesh.
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Thursday, June 07, 2012
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