Ashok Leyland, flagship of the Hinduja Group, has received an order for 449 buses from West Bengal Government transport enterprises. Out of the 449 buses to be delivered to the West Bengal government, 140 will be airconditoned.
Meanwhile, the company is planning to bring down its debt-equity ratio to 1.1:1 in August this year from 2.2:1 in August last year.
Ashok Leyland, the Hinduja Group flagship company in India, is engaged in the manufacturing of commercial vehicles and related components. The company’s products include buses, trucks, engines, defense and special vehicles.