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Tata
Motors gets Rs 55 cr order for buses from Congo
Business
Standard June 14, 2006
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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