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Ashok Leyland bags $23.3 mn order from Bangladesh

Ashok Leyland bags $23.3 mn order from Bangladesh
PTI
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First Published: Wed, May 25 2011. 06 42 PM IST
Updated: Wed, May 25 2011. 06 42 PM IST
Chennai: Hinduja Group flagship company Ashok Leyland has bagged a $23.3 million order for supply of 290 fully-built double decker buses to Bangladesh Road Transport Corporation .
This represents the company’s largest single order for double decker buses from Bangladesh, a company statement 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 the country’s commercial vehicle market”, Ashok Leyland managing director Vinod K Dasari said.
An agreement to this effect was signed between Ashok Leyland and Bangladesh Road Transport Corporation recently, it added.
In 2010-11 Ashok Leyland’s exports grew by 72% to touch 10,306 units in which significant contribution was to Bangladesh. Over the years, more than 9,500 vehicles have been exported to that country, the statement added.
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First Published: Wed, May 25 2011. 06 42 PM IST