JSW wins over 1,000 electric bus order, beating Tata and Ashok Leyland
JSW Group has emerged as the lowest bidder for approximately 1,200 electric buses out of a 4,054-bus government tender, surpassing competitors Tata Motors and Ashok Leyland. This positions JSW for a significant entry into the electric bus market.
New Delhi, Oct. 2 -- Sajjan Jindal-owned JSW Group has moved ahead of Tata Motors and Ashok Leyland to emerge as the lowest bidder for about 1200 electric buses in a 4054-bus tender, according to two executives familiar with the development. The order gives JSW a meaningful foothold in the segment.