About Karnataka State Road Transport Corporation:
Karnataka State Road Transport Corporation or KSRTC is a state-owned road transportation company in Karnataka. KSRTC was set up in 1961 under the provisions of Road Transport Corporation Act, 1950. It is wholly owned by the Government of Karnataka. The Government of India is also a shareholder in this corporation. KSRTC is also known for its introduction of Volvo B7RLE low body city buses. These buses are air conditioned, with improved tyre suspensions, a far cry from the other old members of fleet.Till August 1997, KSRTC had a fleet of 10,400 buses, operating about 9500 schedules. In August 1997, KSRTC was divided and a new corporation by the name Bangalore Metropolitan Transport Corporation (BMTC).