India's Tata Motors gets $450 mln contract

Newswire

MUMBAI, Jan 29 (Reuters) - Tata Motors Ltd , India's largest vehicles maker, said on Thursday it had got a contract worth 22 billion rupees ($450 million) from the Delhi Transport Corp for the supply and maintenance of buses. The 12-year maintenance contract is worth 13 billion rupees, the company said in a statement. Ahead of the announcement, Tata Motors shares closed up 2.6 percent at 150.55 rupees. ($1=49 rupees) (Reporting by Janaki Krishnan; Editing by John Mair)

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