Moneycontrol PRO
Check Credit Score
Check Credit Score
HomeNewsBusiness

Ashok Leyland bags order for 400 minibuses worth Rs 80 cr from Senegal

This order comes from Senbus Industries, a company assembling urban buses in Dakar, the Senegalese Capital, Ashok Leyland said in a statement.

May 16, 2019 / 12:52 PM IST

Hinduja flagship firm Ashok Leyland on Thursday said it has bagged an order from Senegal, an African nation, to supply 400 minibuses worth 10.06 million euros (about Rs 80 crore).

This order comes from Senbus Industries, a company assembling urban buses in Dakar, the Senegalese Capital, Ashok Leyland said in a statement.

"Ashok Leyland has signed a contract for supplying 400 units of Ashok Leyland Eagle 916 minibuses valuing 10.06 million euros. This order comes after the successful operation of 475 buses to Senegal's Dakar Dem Dikk," it said.

Dakar will start receiving buses towards the end of June this year.

This project will provide mobility solutions to the country by expanding reach and covering the remote areas through AFTU, a leading private bus association of operator groups that run buses extensively across Senegal.

"This order will be a starting phase to connect rural remote areas of Senegal to urban cities and to promote sustainable mobility," Ashok Leyland Vice President (Project 81 Defence Sales, International Operations) Arijit Dutta Chowdhury said.

This will further empower the private transport sector in Senegal under AFTU, he added.

As part of the order agreement, Ashok Leyland will supply Senbus Industries with semi knocked down buses and collaborate on assembling them locally in Senegal.

The Eagle 916 buses are Euro III emission norms compliant and have undergone extensive road product trials with various customers in Africa, Ashok Leyland said.

PTI
first published: May 16, 2019 12:46 pm

Discover the latest business news, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347