These multi axle intercity buses will add to the existing fleet of 4,000 trucks owned by SVLL as they foray into luxury bus segment in the country. Deliveries of these buses will commence this year and will be spread over a period of one year. This order will go a long way in enhancing relations between Scania and SVLL. SVLL have already noted the value of Scania’s low cost of ownership in their trucks with the purchase of buses will go a long way in cementing this relationship.
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.
“This order underlines the strong relationship that Scania and Siddhi Vinayak have developed over time,” said Mr. Anders Grundströmer, Managing Director Scania Commercial Vehicle India and Senior Vice President Scania Group. “Siddhi Vinayak Logistics Ltd. has already seen the value of Scania’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.”
Deepak Baid, Director, Siddhi Vinayak Logistic Ltd said, “The Indian Luxury Transport is rapidly improving with various new technology adoptions and growing requirements of comfort travelling. We are delighted to announce SVLL’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 logistics”.