The order was recieved on the delivery of its 325th Volvo FM 420 4x2 tractor unit to Delhivery.

Q4 of FY 2023 sales showed few signs of abatement in the increasing sales in the segment across India in FY 2023.

Olectra Greentech has a strategic tie-up with BYD Auto Industry of Shenzhen, China.

Shuel Bhamla says: ".... And by 2024, we aim to deploy 10,000 charging stations across India."

Since October, some 100 LNG FPT-powered trucks have been sold.

The new facility is part of the company's plans to produce driveline components for both conventional ICE vehicles and electric vehicles.

India's light truck sales increased by more than 100,000 units in FY2022-23 from the previous fiscal year.

RACE is an engineering consultancy company and is also T&BB's partner organisation in India.

Strong demand for rigid trucks sees reguistrations grow by 30% across India.

Tata Motors previously had assembly operations in Thailand until 2018.

The Covid-19 pandemic decimated bus and coach travel demand in India starting two to three years' ago - the market now for public transport is in recovery.

This order is a mixture of rigid trucks and tractor units, although the order split is not stated.