Epic Research Update : Tata Motors

Tata Motors, the country’s largest automaker by revenues, has bagged orders for supplying 928 buses to state-run transport corporations in three southern states under the Jawaharlal Nehru National Urban Renewal Mission (JNNURM) scheme. Of the 928 buses, Karnataka State Transport Corporation has placed order for 487 units, North Eastern Karnataka Road Transport Corporation 304 units, Kerala State Road Transport Corporation 97 and Puducherry Road Transport Corporation for 40. The buses are manufactured at the company’s joint venture facility at Karnataka’s Dharwad and Lucknow.



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Posted in: Indian Market Tips