Tata Marcopolo

Last updated

Tata Marcopolo Motors Ltd.
Company type Joint venture
Industry Automotive
Founded2008;16 years ago (2008)
Headquarters
Marcopolo Manu Unit, Karnataka
,
India
Area served
India
ProductsFully built buses and coaches
Owner
A Tata Marcopolo bus in Chandigarh, India. Tata Marcopolo Green Chandigarh Ind.jpg
A Tata Marcopolo bus in Chandigarh, India.

Tata Marcopolo (officially Tata Marcopolo Motors Ltd.) is a bus and coach manufacturing company with headquarters in Karnataka, India.

Contents

It was incorporated as a joint venture between Tata Motors and Marcopolo S.A. In December 2020, Marcopolo and Tata Motors came to an agreement, whereby Tata Motors would purchase the 49 percent stake held by Marcopolo in the bus-making joint venture for 100 crore, bringing curtains to the 14-year old partnership and paving the way for a smooth exit for the Brazilian company. The deal was completed on 29 August 2022. [1] The deal allowed Tata Motors to continue using the ‘Marcopolo’ trademark for a minimum of three years with a non-compete provision in India for a corresponding period. [2]

Operations

The primary bus manufacturing and building unit started in Lucknow, Uttar Pradesh, with an output of 8 buses per day.[ citation needed ] A second production facility is at Dharwad, Karnataka, and this facility can produce up to 30,000 buses per year. [3] Tata Marcopolo buses were seen at Bus World exhibitions too, and it was able to capture the attention of customers and viewers. 9/12m electric buses have been launched by Tata Marcopolo. [4]

Sales

The company received 300 bus orders from some state governments of India, each bus costing around 1 crore.Tata Marcopolo buses are being used in several Indian cities as part of the local transport fleets like Navi Mumbai, Ahmedabad, Delhi, Jaipur, Bengaluru, Coimbatore, Mysuru, Kolkata, Chennai, Lucknow, Kanpur, Chandigarh, Pune, Nagpur, South Kanpur, Madurai, Naya Raipur, Indore, Hyderabad, Thane, Thiruvananthapuram, Visakhapatnam, Vijayawada, Amritsar, Amaravati, etc. It is a low-floor bus with both air-conditioned and non air-conditioned variants available.

See also

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References

  1. "Tata Motors acquires full stake of the JV - Tata Marcopolo Motors". Times Now. 31 August 2022. Retrieved 14 June 2024.
  2. "Tata Motors To Buy Remaining 49% Share In Tata Marcopolo Motors For Nearly ₹ 100 Crore" . Retrieved 23 December 2020.
  3. "Tata Motors & Marcopolo | Bus & Chassis Manufacturing Facilities". Tata Motors Buses | Range of BS IV Buses from Tata Motors. 29 April 2017. Retrieved 14 June 2024.
  4. "TATA MOTORS BUSES | Urban 9/12m AC Electric Bus Specs | Tata Motors Buses". Tata Motors Buses | Range of BS IV Buses from Tata Motors. 28 May 2020. Retrieved 14 June 2024.