Thursday, February 2, 2023

Tata Motors overtakes Ashok Leyland as No 1 bus brand

Jamshedpur, June 8: Tata Motors is now the No 1 bus brand in the Indian Bus market. Robust growth in volumes across segments helped the company surpass its competitor Ashok Leyland, which reported a decline of 10 per cent in the last fiscal.

In 2016-17,Tata Motors’ bus volumes (medium and heavy segment) grew by 26 per cent at 18,198 units compared to 14,917 units in the previous fiscal. The strong comeback in the bus segmentis attributed to good traction in both SRTUs (state road transport undertakings) and private market businesses.

In the private segment, apart from private orders of SRTUs, the company secured good volumes of CNG and inter-city buses. The company added almost 7 percentage points to its IMHCV (intermediate, medium & heavy commercial vehicle) bus share. During the year, TML bagged an order for over 1,500 buses from Uttar Pradesh, around 870 from Rajasthan and Haryana and 630 from Andhra Pradesh.

Tata Motors is the country’s largest bus manufacturer with a complete range of transit vehicles that meet every need arising from day-to-day travel. It is among the Top 4 bus manufacturers globally, with an entire range of buses, from the micro-mini Magic Iris to the 80+ seater articulated bus, to school buses.

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