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Ashok Leyland to expand into African and Southeast Asian markets

14 Aug 2021 Evaluate

Ashok Leyland is planning to expand into African and Southeast Asian markets as part of strengthening its international presence. If the company was able to make some breakthrough, it will also look at select markets in Southeast Asia as part of the international expansion plans. Currently, Nepal, Bangladesh and the Middle East are the traditional markets for the domestic company.

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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