MoneyWorks4Me

Ashok Leyland receives orders worth Rs 800 crore from Indian armed forces

29 Mar 2016 Evaluate

Ashok Leyland has bagged orders worth Rs 800 crore from the Indian armed forces. The company will supply advanced-technology products -- 450 units of Field Artillery Tractor (FAT) 6x6 and other similar Super Stallion vehicles; and 825 units of Ambulance 4x4.

The orders for Field Artillery Tractor (FAT) 6x6 and Ambulance 4x4 are in keeping with the momentum witnessed recently in the area of upgradation of technology and resources by the defence forces. 

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.

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