Volvo, Merc buses speed up in India
State transport undertakings are warming up to the multinationals despite premium pricing
Tata Motors and Ashok Leyland have been locked in a battle for leadership in the bus segment for quite some time now, with each having around 43 per cent market share.
Volvo, for example, is negotiating with 15-20 state transport undertakings (STUs) to bag contracts for supplying long distance buses.
Mercedes-Benz too is vying for similar contracts on the back of impressive response it got from the STUs in Maharashtra, Andhra Pradesh and Karnataka.
MAN is also gearing up to launch a variety of products under the luxury and city bus segment.
Industry experts say Indian bus buyers including STUs and private fleet owners are warming up to these international bus brands despite their premium price tags (they cost 15-20 per cent more) for two reasons: one, they have the capacity to absorb higher wear and tear, and two, there is a growing demand for luxury and super-luxury buses from passengers.
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Tata Motors and Ashok Leyland have been locked in a battle for leadership in the bus segment for quite some time now, with each having around 43 per cent market share.
Volvo, for example, is negotiating with 15-20 state transport undertakings (STUs) to bag contracts for supplying long distance buses.
Mercedes-Benz too is vying for similar contracts on the back of impressive response it got from the STUs in Maharashtra, Andhra Pradesh and Karnataka.
MAN is also gearing up to launch a variety of products under the luxury and city bus segment.
Industry experts say Indian bus buyers including STUs and private fleet owners are warming up to these international bus brands despite their premium price tags (they cost 15-20 per cent more) for two reasons: one, they have the capacity to absorb higher wear and tear, and two, there is a growing demand for luxury and super-luxury buses from passengers.
Read More