Ashok Leyland is an Indian automobile manufacturing company based in Chennai, India. Founded in 1948, it is the 2nd largest commercial vehicle manufacturer in India, 4th largest manufacturer of buses in the world and 16th largest manufacturer of trucks globally
Ashok Leyland, flagship of the Hinduja Group and India’s leading commercial vehicle manufacturer, today, inaugurated four new dealerships, in Bidadi, Tumkur, Kolar & Hoskote in Karnataka. AML Motors is part of a 70 year Group that has its presence across the country.
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Key highlights of the assembly plant
Strategic tie-up between Ashok Leyland and IFAD Autos Limited, Bangladesh
Built over a period of 15 months, the plant is spread over an area of 37 acres.
The plant is equipped with state-of-the-art manufacturing equip... (more)
Ashok Leyland, flagship of the Hinduja Group, reported revenue of Rs.4258.84 Crores (Rs.3883.13 Crores) for the quarter ended 30th June 2016 reporting a growth of 10%. Profit After Tax (PAT) was Rs. 290.78 Crores (Rs.144.50 Crores) reporting a growth of 101%.
Ashok Leyland today declared that it bagged orders for nearly 3600 Buses from various STUs in the current fiscal. These orders would be executed in the current financial year which would help Ashok Leyland in furthering its leadership position in buses.
Ashok Leyland Defense Systems (ALDS), has selected U.S. global security and aerospace company Lockheed Martin, for pursuit of its Indian Armed Forces Light Specialist Vehicle (LSV) and Light Armored Multipurpose (LAM) vehicle programs.
Optare, the market leader for pure electric buses, has announced that it is well underway with a project that will increase the range of its MetroCity and Solo EVs to 200 miles with no net weight gain and no intrusion into passenger space.
Ashok Leyland, flagship of the Hinduja Group, signed a contract with the government of Cote D’Ivoire for 3600 vehicles worth $200Mn. This contract is being funded by EXIM Bank of India and is pending final clearance from respective governments. The vehicles, which include trucks and buses, wi... (more)