Ashok Leyland bags order for 300 buses from BRTC

Leading truck and bus maker Ashok Leyland has won an order from Bangladesh Road Transport Corporation (BRTC) for the supply of 300 Ashok Leyland buses for an undisclosed sum, reports The Hindu Business Line.

The order is for double-decker buses, which are expected to help in decongesting the busy roads of Dhaka, the capital city of Bangladesh. This procurement is against a tender under an Indian line of credit, adds Indian business newspaper.

The delivery will take place within eight months, according to a statement.

“Bangladesh is one of our key export markets and this order further strengthens our position. This order is testimony of our leadership in the country,” said Vinod K Dasari, managing director, Ashok Leyland.

“Exports have been a strong focus for us to de-risk from the cyclicality in the Indian market and to globalise our product portfolio. This is a significant win for us and builds on the strong export growth we had last year,” he said.