Ashok Leyland, part of the Hinduja Group and the second largest commercial vehicle manufacturers in India, signed a Memorandum of Understanding (MoU) with ICICI Bank to enter into a strategic financing partnership for two years.

ICICI Bank will be a preferred financier for providing finance to the customers buying company’s vehicles. The bank will provide finance through the authorised dealers

Vipin Sondhi currently is MD and CEO-India, South East Asia & Pacific, JCB and Saugata Gupta is MD & CEO of Marico Limited. Both have shown credible performance growth in their respective roles.

The company has become the first Indian OEM to meet the BS VI emission norms across the full range of heavy duty trucks (GVW of 16.2T and above).

The company becomes first OEM to meet the BS-VI emission norms across the full range of heavy duty trucks (GVW of 16.2T and above).

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).