The Bus and Car Operators Confederation of India (BOCI) announced the Prawaas 4.0 exhibition to be held from 29 – 31 August 2024 at the Bangalore International Exhibition Centre (BIEC).

Prawaas 4.0 is an effort towards multi-modal transportation, where it will carve the future of mobility. The conference will host expert talks, exhibit displays of latest technology in the sector and an award ceremony will recognize exceptional contributions and the talent within this industry. Poised to be an unparalleled convergence, bringing together over 100+ expert speakers, 200+ leading exhibitors, 1500+ industry delegates, and 6000+ bus and car operators, with an expected attendance of over 10,000 business visitors.

The theme of Prawaas 4.0 this year will be ‘Safe, Smart, and Sustainable Passenger Mobility’ and promises to bring together the entire spectrum of multimodal transport stakeholders. This includes manufacturers of buses and cars, fleet owners, as well as partners in metro and LEVs from all 36 States and Union Territories of India. In this edition of Prawaas, a significant emphasis will be placed on the school Bus segment, Tourism, Electric Vehicles (EV), and Metro systems.

The unveiling of the Prawaas 4.0 was graced by esteemed dignitaries such as Ramalinga Reddy, Minister for Transport and Muzrai, Government of Karnataka; Jagdeo Singh Khalsa, Chairman, BOCI, Prasanna Patwardhan, President, BOCI; Alah Baksh Afzal, General Secretary, BOCI; Harsh Kotak, Treasurer, BOCI and Jagdish Patankar, Executive Chairman, MM Activ, the Event Curators. 

Realizing the vision of "Viksit Bharat" by the Prime Minister, Prawaas 4.0 advocates for increased utilization of public transport. This promotes the reduction of road congestion while also conforming to sustainability objectives.

The associates for the event include Karnataka State Bus Owners Association, Karnataka State Tourism Private Transport Owners Association, Karnataka State Travel Operators Association, Karnataka Tourist Motor Cab Maxi Owners Welfare Association, Bangalore Tourist Taxi Owners Association.

Tata Motors, Redbus, Eberspaecher Suetrak, Abhibus, VECV, Ashok Leyland, JBM, Repose, Bitla, Mahindra School Bus Division, Urjja Bus, MG Motor, Valeo, Trans ACNR, Valeo Motherson and more corporates are also expected to participate.

“In the past three years, Prawaas has united the Bus, Taxi, and Transport industry to address regulatory needs and system improvements. State and Central government support is vital for enhancing quality of life and industry growth. Our focus is on delivering top-notch tourism experiences, necessitating infrastructure improvements, safe roads, better accessibility, and reduced taxes. Nationwide, 380 million people travel by bus, with Karnataka alone hosting 120 million passengers in KSRTC buses. Prioritizing tourism development will drive growth in the transport sector. We have already boosted accessibility with the online All India Permit Service and reduced parking fees at the Kalasipalyam bus stop. We will back the entire ecosystem, aiming to generate Rs 500 crores annually. Let's stand together to ensure the event's success,” said Shri Ramalinga Reddy, Minster for Transport and Muzrai, Government of Karnataka.

"In the bustling streets of Bangalore, a city thriving with transportation innovation, we stand at a pivotal juncture, recalling Darwin's enduring wisdom: adaptability is paramount for survival. The growing demand for accessible public transport is evident, given the surge in personal vehicles and infrastructure costs. Presently, private businesses own 92 percent of buses in India, while 85 percent of the populace relies solely on public transit. This underscores the urgent need to reconsider public transport, bridge the gap between private and public transit, and reform taxes to incentivize bus usage. Every step towards a brighter future showcases our shared commitment and collective foresight," said Prasanna Patwardhan, President, BOCI.

Ashok Leyland, the Indian flagship of Hinduja Group and the country’s leading commercial vehicle manufacturer, signed a memorandum of understanding (MoU) with Indian Bank to provide finance facilities for its M&HCV dealers.

Through the cooperation, Ashok Leyland's M&HCV dealers will have easier access to finance solutions, enabling them to improve company operations and effectively manage their working capital. Dealers may grow their operations with ease thanks to Indian Bank's customised financing alternatives, which offer better liquidity, quicker loan approvals and competitive interest rates. This partnership underscores Ashok Leyland's dedication to empowering its dealer network and promoting sustainable growth in the commercial vehicle sector by guaranteeing increased financial flexibility.

C Neelakantan, Head of Treasury and Direct Taxation at Ashok Leyland, and Saurabh Dalmia, Head of Cash Management at Indian Bank, signed the MoU in the presence of Madhavi Deshmukh, National Sales Head of MHCV at Ashok Leyland, Ashutosh Choudhury, Executive Director, Roopali Singh, DGM-CMS Vertical, and Munash Dalal, AGM-CMS Vertical, who were representatives from Indian Bank.

Balaji K M, CFO, Ashok Leyland, said, “Ashok Leyland is delighted to partner with Indian Bank to offer customised finance solutions to our valued M&HCV dealers. With Indian Bank’s expansive network of 5,880 branches across India, we can cater to our dealers in every region. This strategic partnership will strengthen Ashok Leyland's market position. We remain committed to delivering exceptional experiences to our customers.”

Madhavi Deshmukh, National Sales Head – MHCV, Ashok Leyland, said, “The strategic collaboration with Indian Bank will deliver exceptional financing solutions to our valued dealers, extending our market reach and reinforcing our commitment to innovation and partner success. This partnership will provide tailored financing solutions designed to meet the unique requirements of our dealers. We remain dedicated to fostering long-lasting relationship with our dealer network.”

Ashutosh Choudhury, Executive Director, Indian Bank, said, “Indian Bank is pleased to partner with Ashok Leyland to provide their dealers seamless and tailored financing solutions. This collaboration reaffirms our commitment to supporting the diverse financial requirements of businesses in the commercial vehicle sector. With Indian Bank’s best-in-class processes, we are confident that more dealers will benefit from this partnership, enabling them to scale their operations and drive business growth.”

Ashok Leyland, a leading commercial vehicle manufacturer, has inaugurated its 22nd Light Commercial Vehicles (LCV) dealership in Uttar Pradesh. The new 3S facility located in Chunar, Mirzapur will further strengthen the company’s presence in North India.

The company’s LCV portfolio includes Saathi, Dost, Bada Dost, Partner and MiTR targeted for a wide range of customers and applications.

Viplav Shah, Head – LCV Business, Ashok Leyland, said, “Recognising immense potential of Uttar Pradesh as a key market for us, we are thrilled to strengthen our presence in the region. Our new dealership in Chunar (Mirzapur) would go a long way in reinforcing our presence in the state. The phenomenal success of our ‘Dost’, ‘Bada Dost,’ and the new ‘Saathi’ range underscores the robustness of our products - thanks to their best-in-class mileage, superior performance, and higher payloads. We take immense pride in our exceptional service retention levels, with nearly 70% of our customers returning to our dealer workshops even beyond the warranty period. This new dealership marks yet another milestone in our journey to provide the best possible experience to our valued customers.”

Ashok Leyland, one of the country’s leading commercial vehicle manufacturers, has signed a Memorandum of Understanding (MoU) with Nagaland Rural Bank for a strategic vehicle financing partnership. The partnership will see Ashok Leyland get access to customised financial solutions from Nagaland Rural Bank.

The MoU was signed by C Neelakantan, Head -Treasury and Direct Taxation, Ashok Leyland and Velayutham Sadhasivam, Chairman, Nagaland Rural Bank.

Balaji K M, CFO, Ashok Leyland, said, “At Ashok Leyland, we are dedicated to continuously enhancing customer experience and delivering greater value in our products and services. Nagaland Rural Bank is a regional rural bank with a strong presence in the state. With this partnership in place, our customers in the region will have access to comprehensive financing solutions with specially curated easy repayment plans”.

Sanjeev Kumar, President – MHCV, Ashok Leyland, said, “Ashok Leyland is looking forward to collaborating with Nagaland Rural Bank to offer our customers highly attractive financing solutions. This strategic partnership not only strengthens our market presence but also reinforces our commitment to innovation and customer success. With cutting-edge technology and industry-leading total cost of ownership, our products are designed to drive profitability and value for our customers. We remain steadfast in our commitment to deliver exceptional customer experience and build long lasting relationships.”

Velayutham Sadhasivam added, “Nagaland Rural Bank is delighted to collaborate with Ashok Leyland to provide seamless vehicle financing solutions. This partnership underscores our commitment to meeting the diverse financial needs of commercial vehicle customers across the state. We are confident that this alliance will help us expand our reach and offer customized financing options, fostering the growth of businesses in the commercial vehicle sector.”

Eicher Trucks & Buses, a business unit of VE Commercial Vehicles, has announced that it successfully hosted the second Woman Transporters Delegation at its Bhopal plant.

The event saw women leaders in the transport industry exchange ideas, share insights and explore new business opportunities. The discussion revolved around a wide range of topics such as digitisation, alternative fuels and intelligent mobility solutions that provide challenges and opportunities.

The women leaders were given an exclusive tour of Eicher’s Bhopal plant, an interactive session with VECV Executive Management and test drive experience.

Vinod Aggarwal, MD & CEO, VECV, said, “At Eicher Trucks and Buses, we firmly believe that inclusivity and diversity strengthen businesses and drives growth. Technology and digital solutions are transforming the industry, making businesses smarter and more efficient. While we are taking steps to improve diversity and inclusion internally through initiatives like an all-woman assembly line in Bhopal, we thank you for working with us to foster innovative approaches in the commercial vehicle industry."

Bhagwan K Bindiganavile, EVP, Strategic Planning, Brand & Communications, VECV, added, “The Indian CV industry is transforming rapidly, guided by Prime Minister Narendra Modi’s vision of Seven Cs for mobility solutions: Common, Connected, Convenient, Congestion-free, Charged, Clean and Cutting-edge. We appreciated the women leaders focus on balancing the new technologies making logistics more efficient with a people-first approach.”

SS Gill, Chief Commercial Officer, VECV; B Srinivas, COO, Eicher Trucks and Buses; Ramesh Rajagopalan, EVP, Customer Service, Retail Excellence and Network Development and Vimal Mulchandani, EVP- Manufacturing Operation, Eicher Trucks & Buses & Volvo Buses also engaged with the women transporters delegation.