APSRTC To Buy AC Buses from China bus manufacturer FOTON. FOTON promised to deliver A/C Buses with latest technology and specifications matching to the best a/c bus manufactured in India and with price around 25 lakhs rupees lesser than the best a/c bus available in Indian market.
FOTON after studying Indian Market and also analysed the demand for APSRT AC BUSES in AP which is very high and they set up a plant near Hyderabad.
Previously APSRTC OFFICERS visited china and were impressed with Foton technology and the quality of buses but there is 69% import DUTY ON BUSes if it is imported from china and APSRTC dropped the idea .Then FOTon made a study on INDIAN MARKET AND ESPECIALLY APsrtc and they set up plant in patancheru near HYDERabad with a mOU with deccan auto company, started production and the Foton agreed to give APSRTC THE AC buses at 25 lakhs lesser than the high class AC BUSES Available in India.
TWIST here is After its arrival an Indian bases Bus manufacturer who manufactures AC BUSes at 87 lakhs has agreed to give the same for 60 Lakhs.