Ashok Leyland, flagship of the Hinduja Group, one of the leading commercial vehicle manufacturers in India, launched its next generation AC midi-bus, Oyster, in the premium category, Indian market recently.

Ashok Leyland, flagship of the Hinduja Group, announced the beginning of construction of its bus plant in Andhra Pradesh. The ground breaking ceremony marked the beginning of work on a Greenfield factory which will be the first Ashok Leyland plant in Andhra Pradesh. Situated in Model Industrial Park, Mallavalli Village in Krishna District, the auspicious ceremony was performed in the presence of the Chief Minister of Andhra Pradesh, Nara Chandrababu Naidu and Managing Director & CEO of Ashok Leyland, Vinod K Dasari.

Ashok Leyland, flagship of the Hinduja Group, confirmed that it bagged an order from KSRTC for 3019 buses. This order, one of the largest from a State Transport Undertaking for a single OEM, would be executed in the current financial year which would help Ashok Leyland in furthering its leadership position in buses.

Ashok Leyland, flagship of the Hinduja Group achieved its highest ever Q1 market share of 34.7 per cent. Ashok Leyland reported a revenue of Rs. 4514.39 Crores (Rs.4531.33 Crores) for the quarter ended 30th June 2017. Profit After Tax (PAT) was Rs.111.24 Crores (Rs.290.78 Crores).

Ashok Leyland, the flagship of the Hinduja Group, is aiming to cross 35 per cent market share in India's commercial vehicle market, a top company official said.

The Supreme Court's order restricting OEMs from selling BS-III vehicles has taken a toll on commercial vehicle sales in the country during the month of April, as all OEMs have reported a significant drop.

Ashok Leyland, the flagship company of the Hinduja Group, and the 2nd largest commercial vehicle manufacturer in India, has showcased its range of fully built logistics vehicles. Ashok Leyland has showcased its range of fully built logistics vehicles at a function in New Delhi. Present at the occasion, Anuj Kathuria, President – Global Trucks, Ashok Leyland, said, “The logistics sector in India is witnessing a trajectory of growth and is expected to grow at a CAGR of 16 per cent. While the inflow on new investments will create new opportunities in this sector.

Ashok Leyland has completed the acquisition of Nissan Motor’s stake in each of the three joint ventures (JVs) formed between the two companies, namely, Ashok Leyland Nissan-Vehicles, Nissan-Ashok Leyland Powertrain and Nissan-Ashok Leyland Technologies.

Hinduja Group flagship Ashok Leyland is gearing up for its solo journey in the light commercial vehicle (LCV) space after separation from partner Nissan with plans to introduce 8-10 products over the next 2-3 years that will entail an investment of up to Rs 400 crore.