Bus Makers * India - Worried over States missing deadline for buying vehicles
Several still in process of issuing bids and finalising tenders
New Delhi,India -The Hindu Business Line, by Priyanka Vyas -May 23, 2009: -- Commercial vehicle majors are wary about the State governments meeting the deadline of procuring buses under the Jawaharlal Nehru National Urban Renewal Mission by the end of next month... Of the 14,400 buses that various State governments were to purchase as a part of the stimulus package announced in January, 7,800 units have been ordered so far... Even with the Central Government officials asking the state government officials concerned to speed up the process, several States are lagging behind. Industry officials feel there could be a time lag of five months before actual deliveries could start taking place... Till now, States such as Andhra Pradesh, Karnataka, Kerala, Maharashtra and West Bengal have finalised contracts. Several others are still in the process of issuing bids and finalising tenders...Labels: busmakers news
posted by Unknown @ 2:21 PM
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