ASHOK LEYLAND LIMITED Company Profile Details at KooCapital.Com – Stock Market News Portal.
Ashok Leyland Limited engages in the manufacture and sale of commercial, defense vehicles and power solutions. The company was founded by Raghunandan Saran on September 7, 1948 and is headquartered in Chennai, India.
ashok leyland limited company operating in Producer Manufacturing Sector and dealing in Trucks/Construction/Farm Machinery. ashok leyland limited is SEBI Listed Company (India) and having:-
ISIN (An International Securities Identification Number): INE208A01029
Equity Stock (National Stock Exchange) Symbol: ASHOKLEY
NSE Link IS: https://www.nseindia.com/get-quotes/equity?symbol=ASHOKLEY
BSE Link IS: https://www.bseindia.com/stock-share-price/ashok-leyland-ltd/ASHOKLEY/500477/
Ashok Leyland is the flagship Company of the Hinduja group, having a long-standing presence in the domestic medium and heavy commercial vehicle (M&HCV) segment. The company has a strong brand and well-diversified distribution and service network across the country and has a presence in 50 countries, it is one of the most fully-integrated manufacturing companies. Its headquarter is in Chennai They manage driver training institutes across India and have trained over 8,00,000 drivers since inception.
Segment Performance M&HCV Truck Segment Its trucks segment ranges from 2.5T GVW (Gross Vehicle Weight) to 55T GTW and some of its product are DOST, AVTR, PARTNER, etc It is the 14th largest manufacturer of trucks globally In FY20, it witnessed a steep decline in volume by 54%, with market share standing at 28.9% in the Domestic M&HCV Trucks Segment It launched India’s first-ever BS-VI compliant with i-Gen6 technology AVTR truck under the modular platform for the medium & heavy range in FY20
Ashok Leyland vehicles have built a reputation for reliability and ruggedness. The 5,00,000 vehicles we have put on the roads have considerably eased the additional pressure placed on road transportation in independent India.
In the populous Indian metros, four out of the five State Transport Undertaking (STU) buses come from Ashok Leyland. Some of them like the double-decker and vestibule buses are unique models from Ashok Leyland, tailor-made for high-density routes.
The blueprint prepared for the future reflected the global ambitions of the company, captured in four words: Global Standards, Global Markets. This was at a time when liberalisation and globalisation were not yet in the air. Ashok Leyland embarked on a major product and process upgradation to match world-class standards of technology.
In the journey towards global standards of quality, Ashok Leyland reached a major milestone in 1993 when it became the first in India’s automobile history to win the ISO 9002 certification. The more comprehensive ISO 9001 certification came in 1994, QS 9000 in 1998 and ISO 14001 certification for all vehicle manufacturing units in 2002. It has also become the first Indian auto company to receive the latest ISO/TS 16949 Corporate Certification (in July 2006) which is specific to the auto industry.
Ashok Leyland stand with [Aapki Jeet. Hamari Jeet.]
Company Website: http://www.ashokleyland.com/
Company Website2: http://www.ashokleyland.com/
LinkedIn page URL: https://in.linkedin.com/company/ashok-leyland
Wiki Profile URL: https://en.wikipedia.org/wiki/Ashok_Leyland
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