Ashok Leyland wins order for 1937 Buses from Tamil Nadu State Transport Undertakings

Ashok Leyland, the Indian flagship of the Hinduja Group and the country's leading commercial vehicle manufacturer, today announced that it has bagged an order from TNSTU's (Tamil Nadu State Transport Undertakings) for 1937 buses. This landmark order further strengthens Ashok Leyland's long-standing partnership with the TNSTU and reaffirms its dominant position in the bus industry.

Ashok Leyland has been the most preferred brand of TNSTU, with more than 21,000 Ashok Leyland buses operational in its fleet. These buses will be specially designed to ensure outstanding passenger comfort and will be equipped with the advanced iGen6 BS VI technology. The order includes a diverse mix of fully built and chassis configurations tailored for town, mofussil, and SETC applications. Each vehicle is built on the latest AIS 153-compliant chassis platform, meeting the most recent Indian safety and performance regulations while enhancing structural integrity, ride comfort, and vehicle reliability.

Ms. Madhavi Deshmukh, National Sales Head- MHCV, Ashok Leyland, said, "We are proud to strengthen our long-standing partnership with the Tamil Nadu State Transport Undertakings through this significant order. Tamil Nadu has always been an important market for us, and this order is a testament to the trust and confidence our customers place in Ashok Leyland's technology and performance. This order win reinforces our dedication to creating efficient and technologically advanced products that exceed our customers' expectations and contribute to the growth of public transportation. Our focus continues to be on developing advanced, safe, and efficient mobility solutions that meet the evolving needs of public transportation in India."

Mr. Mohan K - Head Bus - MHCV, Ashok Leyland, said, "We are thrilled to have received this order from the Tamil Nadu State Transport Undertakings for 1937 buses. Tamil Nadu has always been one of our most valued markets, and we take great pride in being a key partner in strengthening the state's public transport system. These advanced buses, equipped with the latest safety, technology, and comfort features, underscore our commitment to delivering reliable, efficient, and safe mobility solutions. We remain dedicated to supporting the government's vision of providing modern and sustainable transportation for the people of Tamil Nadu."

The new Viking and SETC models offer enhanced performance, safety, and passenger comfort. All Town / Mofussil and SETC buses feature an upgraded Battery and Alternator for meeting the power needs of advanced ITMS. High-speed Mofussil and SETC buses come with Electronic Stability Control for improved stability and safety. Urban Low Entry and Semi Low Floor buses (650mm) enhance driver comfort through Auto Transmission, and passenger experience with air suspension, optimized floor heights, and comfortable interiors for smoother commutes. These buses are equipped with wheel chair ramp for smooth access for passengers with special needs.

Ashok Leyland is the 4th largest manufacturer of buses in the world and India's largest bus manufacturer. This recent order further consolidates Ashok Leyland's position in the Indian and the global bus market and highlights its continued dedication to providing cutting-edge solutions that meet the evolving needs of sector.

Shares of Ashok Leyland Limited was last trading in BSE at Rs. 135.65 as compared to the previous close of Rs. 135.35. The total number of shares traded during the day was 192433 in over 2001 trades.

The stock hit an intraday high of Rs. 136.40 and intraday low of 135.25. The net turnover during the day was Rs. 26151763.00.

Source : Equity Bulls

Keywords

AshokLeyland INE208A01029 CommercialVehicles HindujaGroup OrderWin TNSTU 1937Buses