Tata Motors gets Rs 55 cr order for buses from Congo
06/14/2006 Business Standard
Tata Motors has received an Rs 55 crore order from the Congo for revamping the urban transport system of Kinshasa, the capital city. The company has delivered 228 buses to the country, under the Indian government's line of credit (LoC) to Congo through the Exim Bank. "In addition to vehicles, the company is setting up a complete services network in Kinshasa," said PG Shankar, head, international business (commercial vehicles). The 228 buses were presented in a special public ceremony in Kinshasa. Muthu Kumar, special envoy of the Indian government, handed over the keys to Herodia Ndombasi, Congo's vice-president. In 2005-06, Tata Motors exported over 6,000 buses, up 45 per cent over the previous year. It has exported buses to Africa, West Asia, Russia, Ukraine, Malaysia and the Saarc countries. Tata buses have a strong presence in many African countries such as South Africa, Senegal, Algeria and the West Asian countries such as the UAE, Kuwait and Qatar.
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