HomeNewsBusinessCompaniesExpect new scheme to replace JNNURM soon: Tata Motors

Expect new scheme to replace JNNURM soon: Tata Motors

In an exclusive interview to CNBC-TV18, Tata Motors’ Vernon Noronha shares his view on the JNNURM scheme and how the days ahead are likely to pan out for the company.

May 28, 2015 / 22:18 IST
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The Jawaharlal Nehru National Urban Renewal Mission (JNNURM) that was launched by the UPA government is on its last legs.

The tenders for buses floated under the scheme are of huge importance to commercial vehicle manufacturers like Tata Motors.

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In an exclusive interview to CNBC-TV18, Tata Motors’ Vernon Noronha shares his view on the scheme and how the days ahead are likely to pan out for the company.

Below is the edited transcript of Vernon Noronha’s interview with CNBC-TV18's Alexander Mathew.