DSIJ Mindshare

Akshay N Gadiya
/ Categories: Trending, Markets

Ashok Leyland Wins Defence Tender

Ashok Leyland announced yet another tender win for Defence Tracked Combat Vehicle. This tender is for developmental work and marks Ashok Leyland's foray into tracked vehicle business after bagging many other defence deals.

The company will collaborate with Combat Vehicles Research and Development Establishment (CVRDE), Chennai for manufacture, assembly and testing of lightweight clutch for the design and development of weight optimized 1500 hp Automatic Transmission for Main Battle Tanks.

Land mobility solution for Indian troops is a key focus area for the company and Ashok Leyland is keen on tapping huge repowering and upgrading orders for Russian built BMPs/Tanks that are expected from the Indian Army.

Ashok Leyland is the flagship automaker of the Hinduja Group and is the largest supplier of Wheeled Military Vehicles to Indian Army. The company claims to be the only vehicle manufacturer in India with indigenously designed, developed and manufactured power packs beyond 350 HP.

Previous Article Dr Reddy Labs receives EIR for Srikakulam plant
Next Article Five stocks with buying interest
Print
1928 Rate this article:
3.5
Please login or register to post comments.
DALAL STREET INVESTMENT JOURNAL - DEMOCRATIZING WEALTH CREATION

Principal Officer: Mr. Shashikant Singh,
Email: principalofficer@dsij.in
Tel: (+91)-20-66663800

Compliance Officer: Mr. Rajesh Padode
Email: complianceofficer@dsij.in
Tel: (+91)-20-66663800

Grievance Officer: Mr. Rajesh Padode
Email: service@dsij.in
Tel: (+91)-20-66663800

Corresponding SEBI regional/local office address- SEBI Bhavan BKC, Plot No.C4-A, 'G' Block, Bandra-Kurla Complex, Bandra (East), Mumbai - 400051, Maharashtra.
Tel: +91-22-26449000 / 40459000 | Fax : +91-22-26449019-22 / 40459019-22 | E-mail : sebi@sebi.gov.in | Toll Free Investor Helpline: 1800 22 7575 | SEBI SCORES | SMARTODR