Scania Multi Axle Intercity buses for Siddhi Vinayak Logistics
Swedish commercial vehicle manufacturers Scania will be supplying a total of 120 premium buses to Surat based Siddhi Vinayak Logistics Limited (SVLL) over the next one year. These buses will be supplied by wholly owned subsidiary Scania Commercial Vehicles India while the buses will make their entry into Indian markets via the completely imported route.
Scania is in the meantime investing a total of INR 250 crores in setting up its manufacturing plant in Bangalore. A total of 800 persons will be employed at this facility and production is expected to commence soon with a target to sell about 2500 trucks and 1000 buses per year in the Indian market.
â€śThis order underlines the strong relationship that Scania and Siddhi Vinayak have developed over time,â€ť said Mr. Anders GrundstrĂ¶mer, Managing Director Scania Commercial Vehicle India and Senior Vice President Scania Group. â€śSiddhi Vinayak Logistics Ltd. has already seen the value of Scaniaâ€™s low total cost of ownership, through our trucks, and the bus purchase is further testimony to the confidence that they have in our vehicles. We are delighted to take our relationship to the next level and extend further support to Siddhi Vinayak Logistics Ltd. in its quest to enhance transportation services for the country.â€ť
Deepak Baid, Director, Siddhi Vinayak Logistic Ltd said, â€śThe Indian Luxury Transport is rapidly improving with various new technology adoptions and growing requirements of comfort travelling. We are delighted to announce SVLLâ€™s entry into the luxury passenger travel segment. Our association with Scania has been really long and now launching a new segment with them is very exciting. We would love to continue this alliance and venture into assorted sectors of transport and logisticsâ€ť.