VECV to supply 550 intercity buses worth Rs 500 crore to Vijayanand Travels

4 Aug 2023 , 01:35 PM

VE Commercial Vehicles (VECV) has received an order to supply 550 intercity buses worth around Rs 500 crore from Vijayanand Travels of Karnataka. 

According to a statement issued on Thursday, the company plans to deliver the buses within a period of 12-18 months and will include 500 units of Eicher Intercity 13.5m non-AC sleeper and AC coaches, and 50 units of Volvo 9600 luxury sleeper coaches.

The purchase of 550 buses reflects the company’s ambitious expansion plans to become a pan-India operator, according to a statement from Vijayanand Travels.

‘Vijayanand Travels has placed the largest order in India for 550 Volvo and Eicher intercity buses.’ ‘The order is estimated to be worth Rs 500 crore, and it includes 500 units of Eicher Intercity 13.5m AC and non-AC sleeper coaches. Additionally, we will also supply 50 Volvo 9600 luxury sleeper coaches,’ the company stated.

Currently, Vijayanand Travels operates in six states: Karnataka, Andhra Pradesh, Telangana, Maharashtra, Goa, and Gujarat.

These buses will be built on VECV plants in Hoskote, Pithampur, Madhya Pradesh, and Karnataka.

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