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Ashok Leyland bags Rs 178 cr order from Tanzania

30 Sep 2011 Evaluate
Hinduja Group flagship company Ashok Leyland had bagged an order worth Rs 178 crore ($36.56 million) from the government of Tanzania to supply 723 trucks, buses and special application vehicles. These vehicles will be used for logistical purposes by the government and the company will complete deliveries by the end of the current fiscal. This is a very significant development and very much a part of its strategy to significantly increase the global footprint, more particularly, in the robustly growing African markets. Ashok Leyland has been aggressively expanding its network in the African market with network offices in Nigeria and Ghana in the West; Malawi and Mozambique in the South; Kenya and Tanzania in the East, apart from their offices in South Africa and Egypt. In 2010-2011, the company's export numbers grew by 72% to touch 10,306 units

Ashok Leyland Share Price

168.65 -2.05 (-1.20%)
08-May-2026 16:59 View Price Chart
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