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| Company type | Joint venture |
|---|---|
| Industry | Automotive |
| Founded | 2008; 18 years ago (2008) |
| Headquarters | Marcopolo Manu Unit,Karnataka ,India |
Area served | India |
| Products | Fully built buses and coaches |
| Owner | |
Tata Marcopolo (officiallyTata Marcopolo Motors Ltd.) is a bus and coach manufacturing company with headquarters inKarnataka, India.
It was incorporated as a joint venture betweenTata Motors andMarcopolo 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₹100crore, 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 inIndia for a corresponding period.[2]
The primary bus manufacturing and building unit started inLucknow,Uttar Pradesh, with an output of 8 buses per day.[citation needed] A second production facility is atDharwad,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]
The company received 300 bus orders from some state governments ofIndia, each bus costing around₹1crore.Tata Marcopolo buses are being used in several Indian cities as part of the local transport fleets likeNavi Mumbai,Ahmedabad,Delhi,Jaipur,Bengaluru,Coimbatore,Mysuru,Kolkata,Chennai,Lucknow,Kanpur,Chandigarh,Pune,Nagpur,Mumbai,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.
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