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Ashok Leyland Limited is an Indian multinational automotive manufacturer, with its headquarters in Chennai. It is now owned by the Hinduja Group . [ 3 ] It was founded in 1948 as Ashok Motors, which became Ashok Leyland in the year 1955 after collaboration with British Leyland . [ 4 ]
Ashok Leyland has extended its automotive expertise to the defence sector, for over three decades, and has been a pioneer in the design, development and manufacture of special vehicles, serving the Indian Army. [3] Ashok Leyland Defence Systems Ltd. (ALDS) shares this heritage and association with global defence markets.
Today, Ashok-Leyland is pursuing a joint venture with Nissan and through its acquisition of the Czech truck maker, Avia, is entering the European truck market directly. With its purchase, in 2010, of a 25% stake in UK-based bus manufacturer Optare, Ashok Leyland has taken a step closer to reconnecting with its British heritage, as Optare is a ...
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Every investor in Ashok Leyland Limited (NSE:ASHOKLEY) should be aware of the most powerful shareholder groups...
Ashok Leyland Limited (NSE:ASHOKLEY), a machinery company based in India, received a lot of attention from a substantial price movement on the NSEI over the last few months, increasing toRead More...
Switch Mobility (Optare until 2020) [1] is a British bus manufacturer based in Sherburn-in-Elmet, North Yorkshire.It is a subsidiary of Indian company Ashok Leyland.The company is responsible for the EV operations of the group with Ashok Leyland focusing on its core business of diesel-powered vehicles as well as work on alternative fuels like compressed natural gas (CNG), liquefied natural gas ...
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