"Lifeline of the Nation"
"బస్సు చక్రం రాష్ట్ర ప్రగతికి చిహ్నం" |
|
Public Sector Corporation under the Ministry of Transport of the State Government's of Andhra Pradesh | |
Industry | Public transport bus service |
Founded | 11 January 1958 |
Headquarters | Vijayawada, Andhra Pradesh, India |
Area served
|
Andhra Pradesh, Telangana,Karnataka, Orissa, Tamil Nadu, Chattis ghad, Yanam(Puduchery) |
Key people
|
Sidda Raghava Rao, Chairman M. Malakondaiah (I.P.S) , Vice-Chairman and MD |
Products | Bus transport, Services |
Revenue | ₹51 billion (US$760 million) |
Profit | ₹1.18 billion (US$18 million) |
Number of employees
|
60,846 |
Website | APSRTC |
Andhra Pradesh State Road Transport Corporation (or APSRTC) is the state-owned road transport corporation in the Indian state of Andhra Pradesh. Its headquarters are located at RTC House in Pandit Nehru bus station of Vijayawada.
APSRTC was formed on 11 January 1958 as per Road Transport Corporations Act 1950. Earlier, it was a part of Nizam State Rail and Road Transport Department.
The organisation is divided into four zones with twelve Regional Managers. It has a total of 11,154 scheduled buses operating in 44.15 lakh kilometers and has a total of 426 bus stations and 126 bus depots.
APSRTC operates various kinds of services such as, "Vennela", "Amaravathi" "Garuda Plus", "Garuda" and "Indra".
As of February 2016[update], the organisation has a gross earnings of ₹30.50 (45¢ US) per km., with a loss of ₹-4,650.8 million (US$−69 million).
It entered Guinness Book of World Records on 31 October 1999, with 22,000 buses making it the largest bus fleet in the world.
Andhra Pradesh State Road Transport Corporation has a number of firsts to its credit in India.