Ashok Leyland, one of the top commercial vehicle manufacturer in India has bagged a contract worth $200 million (Rs.
Ashok Leyland, one of the top commercial vehicle manufacturer in India has bagged a contract worth $200 million (Rs. 1,334 crore) to deliver 3,600 vehicles over the next 12 months to Cote D’Ivoire. Cote d’Ivoire is a West African country with beach resorts, rainforests and is commonly referred as Ivory Coast.
Ashok Leyland, flagship of the Hinduja Group, signed a contract with the Government of Cote D’Ivoire and is being funded by EXIM Bank of India. The contract is currently pending clearance from the respective governments. Mr. Vinod K. Dasari, Managing Director, Ashok Leyland, said, “I am proud that the Government of Cote D’Ivoire has chosen products from Ashok Leyland, well-renowned for their reliability and quality. This is the largest contract for this country with any firm in India and also represents the largest such contract till date for the company. We are proud to be partnering with the visionary Government of Cote D’Ivoire and look forward to building this as a base for further growth in West Africa. I also would like to acknowledge the tremendous support from EXIM Bank, Ministry of Commerce, and the Indian Embassy in bringing this large contract to fruition.”
Ashok Leyland sells a wide range of commercial vehicles Trucks, Buses, Light Vehicles and even Defence Vehicle category. Its truck range consists of vehicles specific to mining and construction, distribution and the long haul variety. The company also sells a wide range of mini and full size buses suitable for intracity and intercity transportation purposes. In the Light Vehicle category, its portfolio consists of varied products like the Dost which is a SCV with a 1.25 ton payload, the Partner which is a 27-seater mini truck with a payload of 4 tons. Ashok Leyland also provides many power solutions like an Electric power generator, agricultural and construction equipment and many types of automotive parts.
Ashok Leyland is one of the oldest company’s based in India and was 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. Manufacturing takes place at a total of 6 plants in India; 3 in Tamil Nadu and one each in Rajasthan, Maharashtra and Uttarakhand.
