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Bus Manufacturing Group

Corona is an integral part of the 1.2 Billion dollar infrastructure conglomerate headed by Chairman – MSRV Prasad. In 2014 the group acquired a majority stake in Corona Bus Mfg. With this acquisition the Bus Manufacturing Group consisting of Corona Bus Mfg & Deccan Auto was created.

The conglomerate has a presence in the following sectors :

  • Steel & alloy casting
  • Cement
  • International Trading & Logistics
  • Coach Building
  • Real Estate
  • Software

Corona Milestones

  • 2004R& D on ‘True Bus Chassis’ – Monocoque Space Frame Integral Bus’ commences
  • 2005Trials commence on true bus chassis
  • 2007NWKRTC & NEKRTC place orders for Majestik Sleeper Coaches
  • 2009KSRTC places first order for Majestik Sleeper Coaches
  • 2012Wins tenders to supply city buses to BMTC, Bangalore & BRTS buses to AICTSL Indore
  • 2014Bags Chandigarh Transport undertaking tender to supply city buses
  • 2015Repeat orders from State transport Undertakings such KSRTC, NEKRTC & NWKRTC
  • 2016First batch of Corona Coaches complete 1 Million Kms each. APSRTC places order for intercity coaches.

MSRV Prasad

Chairman – Deccan Auto & Corona Bus

Mr Prasad is a noted NRI industrialist & founder of a 1.2 Billion Dollar conglomerate which has an international presence in steel & alloy casting, cement, international trade, software, & real estate industries. In the recent past he has been felicitated by the United Nations for his innovations in the African region. In 2014 Mr Prasad set up Telangana’s first integral bus manufacturing unit. In the same year he acquired a majority stake in Corona Bus Mfg.

He is a metallurgical engineer from the prestigious NIT- Warangal

Shridhar S Kalmadi

Managing Director – Corona Bus

Mr Shridhar Kalmadi is recognized as a pioneer in monocoque bus technology in India. He is the founding Managing Director & co -promoter of Sai Service, a leading automobile service chain.

He is an independent director on the board of ZF Steering. He holds a DME in Automobile Engineering.

Dr Rao M Chalassani

Managing Director – Deccan Auto

Prior to joining the group, Dr Rao headed the Advance Vehicle Development (AVD) of General Motors in India. He holds several patents to his name. He holds a PHD in Mechanical Engineering from the prestigious University of Michigan, Ann Arbour, USA . He is a Gold Medallist in Engineering from Madras University.

Balaji Rao

Independent Director

Mr Balaji is the founder of Group Synergy Management Advisors. In the past Mr Balaji has held senior positions at Ashok Leyland & Tata Motors. He is a mechanical engineer from the prestigious College of Engineering – Trivandrum

Atul Borgaonkar

Chief Operating Officer – Corona Bus

Mr Borgaonkar is the Chief Operating Officer at Corona Bus. In the recent past he has led teams across a spectrum of manufacturing companies such as Bharat Forge, Amtek Auto & Teksons. He has invaluable experience in process manufacturing, application engineering, quality assurance & machine shop. He is a mechanical engineer by qualification & holds an MBA in Operations Management.

Rohit Krishna Parigi

Vice President

Mr Parigi has over 15 years of experience working in startup environments funded by large business houses. At Corona Mr Parigi oversees the relationship management & people processes functions. He holds an MSc in Management from the University of Surrey, UK & an MBA in Marketing from Symbiosis International University.

M S R Reddy

GM – Finance, Corona Bus

Over the last four decades, Mr Reddy has held senior positions in handling finance & accounts portfolios across a spectrum of government, quasi Government & private conglomerates engaged in the manufacturing of ferro alloys, steel, paper, pharmaceutical & automobile businesses.

He holds a bachelors degree in commerce with a specialization in banking. He also holds a post graduate diploma from The Indian Institute of Finance.

Sachin Mahajan

GM – Sourcing, Corona Bus

Prior to joining Corona Mr Mahajan has worked with leading auto Major TATA Motors. He is an engineer by qualification.