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company profile
Ashok Leyland
Gautam Kumar
September 15, 2020 07:09:55 AM
5 minutes
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Ashok Leyland
Founded
in
1948,
it
is
the
second
largest
commercial
vehicle
manufacturer
in
India,
fourth
largest
manufacturer
of
buses
in
the
world
and
10th
largest
manufacturer
of
trucks
globally.
Operating
nine
plants,
Ashok
Leyland
also
makes
spare
parts
and
engines
for
industrial
and
marine
applications.
It
sold
approximately
140,000
vehicles
(M&HCV
+
LCV)
in
FY
2016.
It
is
the
second
largest
commercial
vehicle
company
in
India
in
the
medium
and
heavy
commercial
vehicle
(M&HCV)
segment,
with
a
market
share
of
32.1%
(FY
2016).
With
passenger
transportation
options
ranging
from
10
seaters
to
74
seaters
(M&HCV
=
LCV),
Ashok
Leyland
is
a
market
leader
in
the
bus
segment.
In
the
trucks
segment
Ashok
Leyland
primarily
concentrates
on
the
16
to
25-ton
range.
However,
Ashok
Leyland
has
a
presence
in
the
entire
truck
range,
from
7.5
to
49
tons.
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