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Ashok Leyland wins tender for Defence Tracked Combat Vehicle

24 Aug 2018 Evaluate

Ashok Leyland, flagship of the Hinduja Group has won a tender in the Tracked Vehicle space. This tender is for developmental work and marks the company’s foray into tracked vehicle business. As per the scope of work, the company will collaborate with Combat Vehicles Research and Development Establishment (CVRDE), Chennai for manufacture, assembly and testing of light weight clutch for the design and development of weight optimized 1500 hp Automatic Transmission for Main Battle Tanks.

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 396.25
Ashok Leyland 145.00
Force Motors 17370.00
Olectra Greentech 951.15
SML Mahindra 4717.95
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