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Ashok Leyland wins contract for 3600 vehicles worth $200 million

27 Nov 2015 Evaluate

Ashok Leyland, flagship of the Hinduja Group, has signed a contract with the government of Cote D'Ivoire for 3600 vehicles worth $200 million. This contract is being funded by EXIM Bank of India and is pending final clearance from respective governments. The vehicles, which include trucks and buses, will be delivered over the next 12 months.

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.

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Company Name CMP
Tata Motors 428.15
Ashok Leyland 149.35
Force Motors 16950.00
Olectra Greentech 1083.65
SML Mahindra 6087.35
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