Hinduja Group flagship, Ashok Leyland Ltd. (ALL) has bagged an order for 290 fully-built Double Decker Buses from Bangladesh Road Transport Corporation (BRTC). Worth around US$23.3 million, this represents the Company’s largest single order for Double Decker Buses from that country.
An agreement to this effect was signed by the Chairman of BRTC and Antony Lobo, Special Director-International Operations, Ashok Leyland at Dhaka last week.
Commenting on the order, Vinod K Dasari, Managing Director, Ashok Leyland, said, Bangladesh has always remained a very important market for us. Our continued focus on this robustly growing market has helped us establish ourselves today as the second largest brand in that country’s commercial vehicle market. We will continue to maintain this focus in the coming years”.
In 2010-2011, saw the Company’s export numbers zoom by 72% to touch 10,306 nos. in which Bangladesh had a significant contribution. Over the years, more than 9,500 vehicles (of different models) have been exported through Ashok Leyland’s sole dealer of over two decades, Ifad Autos Ltd.
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