TIDBITS

Tata Motors to deliver 300 ATVs to armed forces every quarter

By IndianMandarins- 05 Apr 2016
698

tata-motors-to-deliver-300-atvs-to-armed-forces-every-quarter Tata Motors will deliver 300 all-terrain vehicles (ATVs) to the armed forces per quarter, a senior company official said on Saturday. "We delivered 39 ATVs in December last year and another 100 in March. We will now increase the delivery rate to 300 ATVs per quarter and we are confident of meeting the schedule," said Veron S Noronha, Vice-President (Defence and Government Business) Tata Motors, told PTI. Tata Motors has order backlogs worth Rs. 1,400 crore related to supply of logistic vehicles, light armed vehicles, ATVs and 6 by 6 trucks to the security forces, he said. Talking about Make In India initiative, Noronha said the manufacturing project will definitely help companies like Tata Motors as funding by the government for research and development has become more transparent. "Exchange rate variation and other items have been specifically introduced (under the project) which put companies like Tata Motors on level playing field." DRDO can now become production partner in initial stages of product development, Noronha added.  

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