MoneyWorks4Me

Ashok Leyland wins order for buses from Sri Lanka

12 Aug 2010 Evaluate

Ashok Leyland has bagged an order for 1,000 buses from the People's Leasing Company in Sri Lanka. The $26-million order represents Ashok Leyland's largest single order for buses from Sri Lanka.

 

The delivery of the ‘Viking' model buses, of 42-58 seats, is to commence immediately and is to be completed before March 2011. The order is being part funded by the Asian Development Bank. Ashok Leyland of the Hinduja group is a leader in the Sri Lankan bus market with sales of more than 8,000 over the past six-seven years.crackcrack
Peers
Company Name CMP
Tata Motors 434.35
Ashok Leyland 163.95
Force Motors 17705.00
Olectra Greentech 1210.30
SML Mahindra 6591.10
View more..