Shares of Ashok Leyland rose nearly 2%, touching the weekly high of Rs27.05, after the company said it has supplied 100 Falcon buses to Ghana in an order worth $7.6 million.
Detailed story:
Ashok Leyland said the Falcon buses were inducted into the fleet of Metro Mass Transit, a transport company in which the Government of Ghana has 45% stake, for both inter and intra-city applications on 360 routes throughout Ghana.
Commenting on the development, Mr Vinod K Dasari, Managing Director, Ashok Leyland said, 'Africa has been one of our key focus markets and it presents some very unique opportunities for a commercial vehicles maker like us. This order is one more affirmation of the trust and acceptance of our vehicles in various parts of Africa, like for example, our buses hold a premium status in the Bus Rapid System in Lagos, Nigeria which is the only such model in sub-Saharan Africa'.
This is second such major launch by Ashok Leyland in Ghana after the induction of 160 waste management trucks last year, the company said.
....more info
Detailed story:
Ashok Leyland said the Falcon buses were inducted into the fleet of Metro Mass Transit, a transport company in which the Government of Ghana has 45% stake, for both inter and intra-city applications on 360 routes throughout Ghana.
Commenting on the development, Mr Vinod K Dasari, Managing Director, Ashok Leyland said, 'Africa has been one of our key focus markets and it presents some very unique opportunities for a commercial vehicles maker like us. This order is one more affirmation of the trust and acceptance of our vehicles in various parts of Africa, like for example, our buses hold a premium status in the Bus Rapid System in Lagos, Nigeria which is the only such model in sub-Saharan Africa'.
This is second such major launch by Ashok Leyland in Ghana after the induction of 160 waste management trucks last year, the company said.
....more info