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Ashok Leyland eyes massive expansion of its defence business

11 Apr 2016 Evaluate

Ashok Leyland is eyeing major expansion of its defence business as it forays into manufacturing Field Artillery Tractor (FAT) platforms for battle guns, 4x4 armoured vehicles and ambulances for the Indian armed forces.

The Chennai-based company recently bagged an order worth Rs 800 crore from the Ministry of Defence to develop 455 units of 6x6 FAT, 825 high-tech army ambulances and other super stallions 6x6, 8x8 to 10x10 heavy military trucks and vehicles under the ‘Make In India’ programme.

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
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Ashok Leyland 145.00
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Olectra Greentech 951.15
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