Tata Motors said all technologies pertaining to existing bus body products manufactured will continue to vest with TMML. Tata Motors said, consequent to this transaction, TMML will become its wholly owned subsidiary. These buses are marketed by the company under the Starbus and Starbus Ultra bus brands, Tata Motors added. The JV has manufacturing facilities in Dharwad and Lucknow where it builds bus bodies on chassis supplied Tata Motors. Since its incorporation, the JV has introduced several innovative design and concepts helping redefine the premium bus body segment in India. Tata Marcopolo Motors is a 51:49 JV formed in 2006 between Tata Motors and Marcopolo S.A., one of the largest bus and coach manufacturers globally. have entered into a share purchase agreement where the Company will purchase the balance 49 per cent shareholding in TMML for a cash consideration of Rs 99.96 crore, the statement added.
“… the Company has signed an agreement to purchase the balance 49% shareholding from the joint venture partner, Marcopolo SA in Tata Marcopolo Motors Ltd (TMML),” the company said in a regulatory statement. So how did you reach the conclusion that Kinglongs take double the time? It is true that the first generation Kinglongs are very sluggish (I haven't seen a bus more sluggish than this), but what you posted is completely baseless.Tata Motors on Thursday announced that it has signed an agreement to purchase its partner’s stake in bus joint venture (JV) firm Tata Marcopolo Motors (TMML) for around Rs 100 crore. Also, the latest Kinglongs do Worli - Borivali in 45-50 minutes via Sea Link. Similarly I have travelled in the first gen Kinglongs, which are the most sluggish, from Borivali to dadar in 45 minutes. On what basis do you say this? I have travelled in all the three generations of Kinglongs at 90 kph. they are charging about one and a half times the price that of the NMMT volvo buses. but the BEST KingLong buses take almost double the time.Īnd even though the BEST says these buses run on CNG. The NMMT buses will make you reach your destination in more or less the same time as a normal bus.
These buses i doubt can even reach a speed of 40-50 on an open highway. I find the BEST Kinglong Buses in Mumbai like a tortoise. The fares for Marcopolos has been kept ridiculously low - almost at par with the old Suvarna Fares. One should also remember that on almost all the routes that Marcopolos have now been introduced, the Volvos were operated atleast for a few days. The Volvos are left to serve "posh" routes, and the Marcopolos for the "not-so-posh" routes. There are many routes in Bangalore where the Volvo might not generate enough revenue (the main crowd for Volvo comes from IT Professionals). The idea of Marcopolo is NOT as an alternative for the Volvo - but to expand AC services to more areas. They run with more than capacity during peak hours, which make up for the loss during afternoon hours (when the number of buses too are lower).īMTC is one corporation which is high in ideas (but poor in implementation). You should not expect these higher-end services to run crowded day-in and day-out.
The Volvo Surely took off as expected - if you do stay in Bangalore, you would understand what I mean. In Delhi, 1000+ Lowfloor CNG already in service, only 8 buses reported issues in 2 years and mostly it was smoke and fumes. I guess you never worked in/with a Tata company. Sir, is n't the other way around? Since Volvo did not took off as expected, so BMTC wanted to have an alternate option? What kind of arm-twisting you are talking about.
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