The company expects to close the hybrid bus order from BMC 'any day now', having already signed an agreement with the authorities.

"Truck sales have overall reached the 2011-12 peak, and we have been leading the market. We hope to close this fiscal year with around 25 percent spike in overall sales. The first two months of the current quarter have been very good, and March should be better," Tata Motors Executive Director for the commercial vehicle business unit Ravi Pisharody told media.

In April-May of 2015-16, Tata Motors stood out on the sales front. While domestic CV sales rose 20 percent to 30,670 units and exports 42 percent to 5,636 units in January, the same rose 22 percent to 14,872 units and 31 percent to 5,142 units, respectively, in February.

On the order for 25 hybrid buses from BMC, he said, "We have already signed an agreement with BMC and expect the final order for 25 hybrid buses any day now. This is the single-largest order for hybrid in the country till date."

Each bus, which will be diesel-cum-electric hybrid, is expected to cost more than Rs 2 crore, including the annual maintenance charges, sources said.

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