BAJAJ BROKING
Tata Motors has secured an order from UPSRTC for 1,000 diesel bus chassis. This follows the completion of a 1,350-bus order, further enhancing Uttar Pradesh's public transport system.
Tata Motors, a leading player in India’s automotive industry, has been awarded a contract by the Uttar Pradesh State Road Transport Corporation (UPSRTC) to supply 1,000 diesel bus chassis. The order for the Tata LPO 1618 bus chassis was finalised after a competitive e-bidding process, adhering to the government's tendering guidelines. This marks another significant milestone for Tata Motors in its ongoing partnership with UPSRTC.
The delivery of the 1,000 bus chassis will be carried out in phases, as per the terms agreed between Tata Motors and UPSRTC. These chassis will be used to expand the public transport system in Uttar Pradesh, providing efficient and reliable mobility solutions across the state. Tata Motors has emphasised that the LPO 1618 chassis is designed to handle both intercity and long-distance travel, offering high reliability, low maintenance costs, and enhanced passenger comfort.
This latest order follows a previous contract in which Tata Motors supplied 1,350 bus chassis to UPSRTC, which is already in operation. The success of the previous deployment played a key role in securing this new order. UPSRTC has been working to expand its fleet and improve public transport services across urban and rural areas of Uttar Pradesh, and Tata Motors has become a crucial partner in this endeavour.
The Tata LPO 1618 chassis is well-suited to UPSRTC’s requirements, offering a robust platform for public buses. Its proven track record in ensuring high uptime and low operating costs makes it an ideal choice for the state’s growing public transport network. With these additional vehicles, UPSRTC aims to increase its fleet capacity and improve the quality of service for passengers, addressing the growing demand for public transportation.
Tata Motors' successful bid for 1,000 diesel bus chassis from UPSRTC is a testament to its continued leadership in the commercial vehicle segment. As these new chassis are phased into service, Tata Motors will play a pivotal role in supporting the state's public transport infrastructure. The Tata Motors share price reflects the company's strong presence in both domestic and international markets.
Disclaimer: Investments in the securities market are subject to market risk, read all related documents carefully before investing.
This content is for educational purposes only. Securities quoted are exemplary and not recommendatory.
For All Disclaimers Click Here: https://bit.ly/3Tcsfuc
Share this article:
Disclaimer :
The information on this website is provided on "AS IS" basis. Bajaj Broking (BFSL) does not warrant the accuracy of the information given herein, either expressly or impliedly, for any particular purpose and expressly disclaims any warranties of merchantability or suitability for any particular purpose. While BFSL strives to ensure accuracy, it does not guarantee the completeness, reliability, or timeliness of the information. Users are advised to independently verify details and stay updated with any changes.
The information provided on this website is for general informational purposes only and is subject to change without prior notice. BFSL shall not be responsible for any consequences arising from reliance on the information provided herein and shall not be held responsible for all or any actions that may subsequently result in any loss, damage and or liability. Interest rates, fees, and charges etc., are revised from time to time, for the latest details please refer to our Pricing page.
Neither the information, nor any opinion contained in this website constitutes a solicitation or offer by BFSL or its affiliates to buy or sell any securities, futures, options or other financial instruments or provide any investment advice or service.
BFSL is acting as distributor for non-broking products/ services such as IPO, Mutual Fund, Insurance, PMS, and NPS. These are not Exchange Traded Products. For more details on risk factors, terms and conditions please read the sales brochure carefully before investing.
Investments in the securities market are subject to market risk, read all related documents carefully before investing. This content is for educational purposes only. Securities quoted are exemplary and not recommendatory.
For more disclaimer, check here : https://www.bajajbroking.in/disclaimer
Level up your stock market experience: Download the Bajaj Broking App for effortless investing and trading