Short Bio
Ashok Leyland is an Indian multinational automotive manufacturer with its headquarters in Chennai. Hinduja Group is the owner. Ashok Motors, the company that launched it in 1948, changed its name to Ashok Leyland in 1955. With a market share of 32.1% in 2016, Ashok Leyland is the second-largest producer of commercial vehicles in India. It is also the third-largest producer of buses globally and the tenth-largest producer of trucks.
Overview
Company Name: | Ashok Leyland |
Also Know as: | Hinduja Leyland |
Type: | Public Limited Company |
Industry: | Automotive |
Founded: | 1948 |
Founders: | Raghunandan Saran |
Headquarters: | Chennai, India |
Area Served: | Global |
Revenue: | ₹140,981 crore (US$1.9 billion) (FY2022) |
Net Income: | ₹1,599 crore (US$210 million) (FY2022) |
Number of Employees | 70,000+ |
Website: | www.ashokleyland.com |
History
Ashok Leyland was founded in 1948 by Raghunandan Saran. The company started out as a truck manufacturer, and quickly became one of the leading truck manufacturers in India. In the 1970s, Ashok Leyland began to manufacture buses, and in the 1980s, it began to manufacture defense vehicles. Ashok Leyland has continued to grow and expand over the years, and today it is one of the leading automotive manufacturers in India.
Services
Ashok Leyland offers a wide range of commercial vehicles, including trucks, buses, and defense vehicles. The company also offers a variety of services, including:
- Aftersales support
- Financial services
- Training and development
- Spare parts and accessories
Founder
Ashok Leyland was founded by Raghunandan Saran.
Achievements
Ashok Leyland has won a number of awards, including:
- The Deming Prize for Excellence in Quality
- The Frost & Sullivan Award for Excellence in Customer Service
- The CNBC TV18 Award for Excellence in Corporate Governance
Future Plans
Ashok Leyland plans to continue to grow and expand its business. The company plans to focus on the following areas:
- Increasing its market share in India
- Expanding into new markets
- Developing new products and services
- Investing in research and development