Ashok Leyland is aiming to increase its export basket of light commercial vehicles (LCV) to 25 per cent from the present 5 per cent over the next three years. In this regard, the company will invest Rs 400 crore into a new platform of LCVs that will continue to launch a new product every six months.
Moreover, the company is targeting all the Gulf countries, Russia, Ukraine and lot of West African countries that follow left-hand drive and its left-hand drive vehicles will start coming from June this year.
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.
