Ashok Leyland Ltd has secured orders for 4,000 buses valued at nearly Rs 1,500 crore from various state transport undertakings (STUs) under JNNURM-II.

The company has said that it would also market its 'JanBus’, which it claimed was the 'world’s first front-engine, single-step entry, full-flat floor bus’ in international markets too.

In its filings with the stock exchanges, ALL said that 22 STUs from across the country have placed orders for the buses. Vinod K Dasari, MD, ALL, said that JanBus was specifically designed for urban transportation, offering higher safety and 'substantially enhanced operating economics for the STUs’. The vehicle had elicited great response from the STUs and ALL would provide more than 2,000 buses under JNNURM-II.

He said the company had also received orders from international market for the vehicle and said 'soon JanBus will be running in many countries’.

The company also offered an 8-metre 'JanBus Midi’ which was designed for feeder services providing last mile connectivity from metro stations, BRT corridors to the final destination. He explained that both JanBus and JanBus Midi were 'well suited to fit Government of India’s Smart City Strategy’.

ALL would offer a mix of JanBus, midi-buses and Ultra Low Entry buses as part of the 4,000 buses ordered under JNNURM-II. Already the supply of vehicles had begun and many were already ferrying passengers, ALL said in its release.

The stock has witnessed a huge trading volume of more than 2.25 crore shares within the first two hours of trading. It has gained 6.74 per cent or Rs 2.60 to trade at Rs 41.20 on the NSE.