Commercial vehicle major Ashok Leyland on Friday said it has bagged an order for 1,666 diesel buses from Tamil Nadu State Transport Undertakings (STU).
This is the single-largest order received from the state transport undertakings and will further contribute to strengthen the company's position in the bus industry, the Chennai-based Hinduja group flagship said in a regulatory filing.
"Our deep understanding of our markets and customers is what sets us apart and has been instrumental in our success in winning these orders," Ashok Leyland MD & CEO Shenu Agarwal said.
As per Ashok Leyland, it is India's largest and the world's fourth largest manufacturer of buses.
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Shares of the company were trading 0.54 per cent up at Rs 175.50 apiece on the BSE on Friday.
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