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Ashok Leyland plans to scale up light commercial vehicle business, international operations

Auto News - Published on Tue, 10 Jul 2018

Image Source: DNA India
PTI reported that Hinduja Group flagship company Ashok Leyland is gearing up to expand its light commercial vehicle business, international operations and defence mobility segment, according to company Chairman Mr Dheeraj G Hinduja.

For the electric vehicle (EV) segment, Ashok Leyland is also looking to tap the proven success of its Optare bus range in the United Kingdom, for other locations as well.

Addressing shareholders in the company's Annual Report 2017-18, Mr Hinduja said there would be a greater focus on cost control, revenue generation and return on capital employed (ROCE) going forward.

He said that "In the years to follow, to sustain the growth momentum and take a great leap forward, your company is gearing to set globally bench-marked standards in reliability and after-market support."

He added that there will be added thrust on cost control, cash generation and ROCE.

Mr Hinduja said that "Furthermore, ambitious plans will be rolled out soon to grow the LCV business, international operations and defence mobility even further."

The company, which sells LCVs like Dost and Partner in the country, also has a wide presence across international markets with footprint in more than 50 countries.

Source :

Posted By : Amom Remju on Tue, 10 Jul 2018
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