Ashok Leyland is an Indian multinational automotive company headquartered in Chennai, Tamil Nadu, India. The company is owned by the Hinduja Group. Founded in 1948, Ashok Leyland is the 2nd largest manufacturer of commercial vehicles in India, 4th largest manufacturer of buses in the world and 16th largest manufacturer of trucks globally. It is the largest manufacturer of medium and heavy commercial vehicles in India and second largest manufacturer of buses in India.
The company’s products include commercial vehicles, buses, trucks, defence vehicles and engines. Ashok Leyland also manufactures spare parts and provides after-sales service for its products.
The company has a strong presence in the Indian market with a market share of around 30% in the medium and heavy commercial vehicle segment. Ashok Leyland has a wide dealer and service network across India.
The company has manufacturing plants in India, the UAE, Sri Lanka and Russia. Ashok Leyland also has joint ventures with Nissan Motor Company, Japan and John Deere, USA.
The company’s vision is to be a global leader in the automotive industry and its mission is to provide innovative and sustainable transport solutions that meet the evolving needs of its customers.
Ashok Leyland is focused on expanding its presence in the global markets. The company has a strong focus on research and development and is investing in new technologies to develop products that meet the changing needs of its customers.
The company is targeting to achieve a turnover of Rs. 1 lakh crore by 2026.