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Ashok Leyland curtails production at manufacturing plants due to dip in demand

03 May 2021 Evaluate

Ashok Leyland has curtailed production at its manufacturing plants due to dip in demand with second wave of COVID-19 sweeping across the country. The company has carefully studied the demand situation, and efforts are being made to match the demand on the one hand, while being cognisant of the disruptions in the supply situation.

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 428.15
Ashok Leyland 149.35
Force Motors 16950.00
Olectra Greentech 1083.65
SML Mahindra 6087.35
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