Hinduja group firm Ashok Leyland is planning to foray into aerospace business, both defence and civilian. In this regard, the company is in talks with foreign players for technology partnership. The nature of the association whether it will be an equity partnership or a joint venture will depend on the kind of products we want to develop.
The company is looking at both civilian as well as defence sector for foraying into the business.
The company has showcased 6x6 and 8x8 defence logistics truck at the Expo. The group has formed a new company -- Ashok Leyland Defence System -- to pursue its interest in the sector.
Ashok Leyland is the flagship of the Hinduja Group and a leading manufacturer of commercial vehicles in India.
| Company Name | CMP |
|---|---|
| Tata Motors | 476.75 |
| Ashok Leyland | 178.35 |
| Force Motors | 17501.40 |
| Olectra Greentech | 1363.00 |
| SML Mahindra | 5305.00 |
| View more.. | |
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