Ashok Leyland bags Rs 480 cr order

MUMBAI, JAN 23 Ashok Leyland, the flagship of the Hinduja Group, has received an order worth Rs 480 crore for 875 high-end Ultra Low Entry (ULE) buses from the Delhi Transport Corporation (DTC) as part of their fleet modernisation.

MUMBAI, JAN 23
Ashok Leyland, the flagship of the Hinduja Group, has received an order worth Rs 480 crore for 875 high-end Ultra Low Entry (ULE) buses from the Delhi Transport Corporation (DTC) as part of their fleet modernisation. 
The company claims that this is the single largest order from a state transport corporation in value terms and disclosed that it involves supply of 350 A/C and 525 Non-A/C buses will commence by mid 2009 and will be completed by September 2009.
The maintenance contract, valid for 12 years, is further valued at Rs 710 crore. Drivers will be trained at its state-of-the-art driver training institute, situated at Burari, near New Delhi, which has been set up jointly with the Govt of Delhi, the company disclosed.

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