Small Business

A'bad firm mulls bus roll out in 2-3 yrs

Asia MotorWorks Limited (AMW), an Ahmedabad-based company specialising in design and manufacture of tractors, tippers and high-tonnage trucks, is contemplating foraying into bus manufacturing in the next two to three years. - Millers body seeks curbs on oilseeds futures - Pioneer Alloy to invest Rs 400 crore - Vegetable oil imports likely to rice 10% - Oilmeal exports down 49% in Nov - John Deere to focus on smaller tractor; increase production - Three-fourth veg oil crushing capacity unutilised “The idea is in the concept stage. We are working on the prototype,” A Ramasubramanian, president (commercial vehicle division) of AMW, told mediapersons here on Tuesday. Announcing the launch of its new 3123 truck in the Andhra Pradesh market, he said the company currently has an installed capacity of 50,000 units per year at its Bhuj facility. “We expect to achieve full capacity utilisation in one or two years down the line,” Ramasubramanian said, adding the company hoped to sell 500 vehicles per month this year, as against 250 units per month last year.

Add your comment:

Name:
Site address:	http://
Your message:
Enter today\\\\'s date, 2 digits (spam protection):