June 16, Colombo: The Government of Sri Lanka has placed an order with India's Ashok Leyland for 2,200 buses in a move to revitalize the state-run bus service.
The order is one of the largest purchases by the state-owned Sri Lankan Transport Board (SLTB), as the government aims to modernize its existing fleet and significantly improve the country's public transport network, Automotive World said.
The government received Cabinet approval in March to award the contract to Ashok Leyland to supply the buses.
Accordingly, the Indian company is to supply 800 two- door, 42-seat buses at the unit price of US$ 31,100 and 1,400 semi luxury 54-seat buses at the unit price of US$ 34,100 as recommended by the Cabinet Appointed Negotiating Committee (CANC).
Ashok Leyland is expected to supply the 2,200 buses within the next six months.
According to the company with the latest order, Ashok Leyland reinforces its position as the market leader in Sri Lanka and as an important stake holder in Sri Lankan transport.
Commenting on the new order, Vinod K. Dasari, Managing Director, Ashok Leyland said, "This is a huge order especially at a time when the domestic market is just about to bounce back. This order reaffirms our strategy to substantially enhance our sales outside India."