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Ashok Leyland to roll-out Avia range of trucks by July

20 Feb 2013 Evaluate

Ashok Leyland, Hinduja flagship company is planning to roll-out the Avia range of trucks in India by July. The automaker is also getting ready to introduce a range of new products, expecting a revival of market in the second half of next fiscal. The Avia trucks will be launched from the company's manufacturing plant at Pant Nagar in Uttarakhand.

The company had acquired the Avia Truck Business Unit, a leading vehicle manufacturer in Europe in 2006, at an estimated cost of around $35 million and helped it expand in global markets, and also improve product portfolio. It was later rechristened as AVIA Ashok Leyland Motors and at present it produces a class of trucks with gross vehicle weights of 6.5 to 12 tonne.

Peers
Company Name CMP
Tata Motors 425.15
Ashok Leyland 157.05
Force Motors 17250.00
Olectra Greentech 1180.70
SML Mahindra 6261.55
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