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Ashok Leyland (NSE: ASHOKLEY)
Ashok Leyland is an Indian automobile company headquartered in Chennai, India. It is owned by the Hinduja Group.
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.
Ashok Motors was founded in 1948 by Raghunandan Saran. He was an Indian freedom fighter from Punjab. After Independence, he was persuaded by India’s first Prime Minister Nehru to invest in a modern industrial venture. Ashok Motors was incorporated in 1948 as a company to assemble and manufacture Austin cars from England, and the company was named after the founder’s only son, Ashok Saran. The company had its headquarters in Dibrugarh, with the manufacturing plant in Dibrugarh. The company was engaged in the assembly and distribution of Austin A40 passenger cars in India.
- Ashok Leyland it is listed the stocks exchange of NSE/BSE
- Ashok Leyland works in the field of the Automotive Commercial
- The Ashok Leyland headquarter is located in Chennai,Tamil Nadu, India.
- Ashok Leyland Founded 7 September 1948
- WholeTime Director & CFO of Ashok Leyland is Gopal Mahadevan
- Director of Ashok Leyland is Andreas H Biagosch.
- Executive Chairman of Ashok Leyland is Dheeraj G Hinduja
- Chairman Emeritus of Ashok Leyland is R J Shahaney
- Ashok Leyland official website – http://www.ashokleyland.com
REGISTERED OFFICE Address of Ashok Leyland
- Address- No.1, Sardar Patel Road, Guindy
- City – Chennai (Madras)
- State – Tamil Nadu
- Pin Code – 600032
- Tel. No- 044-22206000
- Fax No- 044-22206001
- Email- firstname.lastname@example.org
- Official Website – http://www.ashokleyland.com
|All About Ashok Leyland|
|Headquarters in Chennai|
|Traded as||BSE: 500477, NSE: ASHOKLEY|
|Founded||7 September 1948|
|Headquarters||Chennai, Tamil Nadu, India|
|Revenue||₹21,332 crore (US$3.0 billion) (2016)|
|Net income||₹1,223 crore (US$170 million) (2016)|
|Number of employees||11,906 (2016)|
|Subsidiaries||Albonair GmbH,Global TVS Bus Body, Builders Limited,Optare,Hinduja Leyland Finance,Hinduja Tech,Lanka Ashok Leyland|