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Tata Motors Secures 1,000 Bus Chassis Order From UPSRTC

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Synopsis:

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 news today

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.

TATA MOTORS LIMITED

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724.05-20.00 (-2.68 %)

Updated - 20 December 2024
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Delivery of bus chassis to commence in phases

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.

A follow-up to a previous order for 1,350 bus chassis

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.

Enhancing public transport in Uttar Pradesh

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.

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