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Ashok Leyland to expand light commercial vehicle business, international operations

09 Jul 2018 Evaluate

Ashok Leyland is planning to expand its light commercial vehicle business, international operations and defence mobility segment. The company is also looking to launch its electric vehicle (EV) segment i.e. Optare bus range in the UK and also in other locations.

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 400.55
Ashok Leyland 149.10
Force Motors 17660.00
Olectra Greentech 990.90
SML Mahindra 4905.75
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