BUSMAKERS NEWS * India: The urban development ministry release funds for new fleet of buses
* Delhi - New bus orders dry up as states fail to utilise funds
-- After receiving the purchasing order, the urban development ministry had released the first instalment of Rs 884.21 crore for 7,509 buses to 18 states covering 114 cities in 2014-15. However, only 11 states reverted to the ministry with information on procurement of 2,288 buses. These states include West Bengal, Karnataka and Maharashtra... Senior officials of two of India’s largest bus makers, Ashok Leyland and Tata Motors, have said new bus orders from state transport undertakings (STUs) have nearly come to a standstill for about a year... According to data provided by the Society of Indian Automobile Manufacturers, sales of medium and heavy buses fell 22 per cent last year to 36,837 units, against 46,913 units sold in 2012-13. Sales to STUs form a critical part of the overall demand equation, otherwise reliant on private companies...
Mumbai, India - Business Standard, by Swaraj Baggonkar - September 26, 2015
* Maharashtra - MSRTC’s new fleet of luxury buses scheduled to hit city roads by Diwali
--The Maharashtra State Road Transport Corporation's (MSRTC) new fleet of luxury buses under the brand name Shivneri is set to hit the city roads by Diwali... "Buying 38 buses from Scania Commercial Vehicles India Private Limited, a subsidiary of Scania Group from Sweden. The corporation has also placed another order of some 30 buses with the coach maker Volvo to widen the luxury bus coverage in the state" ... Volvo's luxury buses have been in the MSRTC's fleet for almost a decade... Since the last one decade, the MSRTC has been purchasing only Volvo buses, as its previous plan to shift to China-based buses failed...
(Photo: A Volvo de luxe bus tour in India) -- Kolhapur, Maharashtra State, India - TNN, by Nikhil Deshmukh - Sep 29, 2015
Labels: busmakers news India