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Ashok Leyland establishes new company - Ashok Leyland Defense System

19 Jul 2013 Evaluate

Ashok Leyland, Hinduja Group Flagship Company has established a new company called Ashok Leyland Defense System to pursue its interest in defense space. It aims to stretch its wings in the defense segment with its super stallion range of vehicles in domestic and overseas markets. Super stallion is 6x6, 8x8 and a typically, stallion is 230 HP, and Super Stallion is 360-400 HP.

The company is the largest private supplier to the armed forces in India with its Ashok Leyland Stallion. They will look to export Super Stallion range of vehicles. 

Peers
Company Name CMP
Tata Motors 433.30
Ashok Leyland 169.15
Force Motors 19584.35
Olectra Greentech 1025.40
SML Mahindra 5187.60
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