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Wednesday, February 10, 1999

Telco selects first 10,000 Indica allotments 

Our Corporate Bureau  
Mumbai, Feb 9: Telco on Tuesday announced completion of the process of random number generation of the first 10,000 priority allotments of Indica cars after a successful round of bookings which closed on January 23. Communication regarding the successful allottees is being sent separately to customers, dealerships and financiers for deliveries of cars scheduled to commence later this week and expected to be completed in the March-April 1999 timeframe.

Applicants who have not figured in the initial phase of 10,000 allotments are being contacted simultaneously to ascertain their interest in having their bookings retained for the next round of a maximum of 50,000 allotments for which no fresh bookings are being invited.

The company will accept responses for the second round till February 20 at its dealerships subsequent to which priority numbers will be generated in the first week of March. Deliveries for the second round of 50,000 cars are expected to commence in the April-May timeframe andproduction is being stepped up to meet demand at the earliest.

Copyright © 1999 Indian Express Newspapers (Bombay) Ltd.


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