Quarterly Results- overall
Annual Results- Scale
Annual Results- Liquidity
Annual Results- Profitability/Return
Annual Results- Valuation
External Ecosystem
Sector
Ashok Leyland and Hinduja Foundation partnered with Ambuja Cement Foundation to commence the ‘Sustainable Water Management Project’ (SWMP) at Kerwa Jat cluster of Alwar. The project was launched by Mr. Inderjeet Singh, I.A.S., District Collector, Alwar in the presence of Mr. Venkat Kiran Kumar, Plant Head, Ashok Leyland, Alwar plant, Mrs. Niyati Sareen, Director-Water, Hinduja Foundation, Mr Abhishek Khanna, I.A.S, Asst Collector & Executive Magistrate, Mr. Jitendra Singh Naruka, Deputy Secretary, UIT (Urban Improvement Trust), Alwar and Mr. Vinay Kumar Nagayach, R.A.S., ZP-CEO, Alwar.
Major Subsidiaries/Associates
Ashok Leyland and Hinduja Foundation partnered with Ambuja Cement Foundation to commence the ‘Sustainable Water Management Project’ (SWMP) at Kerwa Jat cluster of Alwar. The project was launched by Mr. Inderjeet Singh, I.A.S., District Collector, Alwar in the presence of Mr. Venkat Kiran Kumar, Plant Head, Ashok Leyland, Alwar plant, Mrs. Niyati Sareen, Director-Water, Hinduja Foundation, Mr Abhishek Khanna, I.A.S, Asst Collector & Executive Magistrate, Mr. Jitendra Singh Naruka, Deputy Secretary, UIT (Urban Improvement Trust), Alwar and Mr. Vinay Kumar Nagayach, R.A.S., ZP-CEO, Alwar. The Sustainable Water Management Project to promote integrated water management practices to farmers of Kerwa Jat cluster is funded by Ashok Leyland and implemented partnering with Ambuja Cement Foundation. The core objective of this project is to create awareness in Doomera, Nagla Charan, Nagali Rajawat, Kerwa Jat and Kakrali Jat villages of Alwar district on effective water usage, rainwater harvesting, groundwater recharging and sanitation. In the first phase, required infrastructure and facilities will be created in Doomera and Nagla Charan villages. The community will be empowered to develop, adapt to the sustainable water process and increase their earnings.
Key Clients
Ashok Leyland and Hinduja Foundation partnered with Ambuja Cement Foundation to commence the ‘Sustainable Water Management Project’ (SWMP) at Kerwa Jat cluster of Alwar. The project was launched by Mr. Inderjeet Singh, I.A.S., District Collector, Alwar in the presence of Mr. Venkat Kiran Kumar, Plant Head, Ashok Leyland, Alwar plant, Mrs. Niyati Sareen, Director-Water, Hinduja Foundation, Mr Abhishek Khanna, I.A.S, Asst Collector & Executive Magistrate, Mr. Jitendra Singh Naruka, Deputy Secretary, UIT (Urban Improvement Trust), Alwar and Mr. Vinay Kumar Nagayach, R.A.S., ZP-CEO, Alwar. The Sustainable Water Management Project to promote integrated water management practices to farmers of Kerwa Jat cluster is funded by Ashok Leyland and implemented partnering with Ambuja Cement Foundation. The core objective of this project is to create awareness in Doomera, Nagla Charan, Nagali Rajawat, Kerwa Jat and Kakrali Jat villages of Alwar district on effective water usage, rainwater harvesting, groundwater recharging and sanitation. In the first phase, required infrastructure and facilities will be created in Doomera and Nagla Charan villages. The community will be empowered to develop, adapt to the sustainable water process and increase their earnings. The SWMP project will improve the livelihood of farmers and assist them in integrated water management systems. This initiative will also help them to face the recent climate change and water constraints. Our focus in this project will be on effective water usage, groundwater recharging and sanitation. About 6251 people of 1045 families across 5 villages will be benefited from this project.
Products
Products
SWMP project will be maintained and managed by 2 village development committees in all 5 villages. This will instill the community in empowering the ownership of the initiative and supports in creating awareness on water conservation. The project will include institutional mechanisms for sustainable water management, improving groundwater condition, the revival of ponds, construction of rainwater harvesting system, water storage tanks for farming purposes and recharging of 20 bore wells. Besides, the project also covers the construction of 134 toilets to promote Hygiene and Sanitation at these villages.
Product details
Ashok Leyland has a product range from 1T GVW (Gross Vehicle Weight) to 55T GTW (Gross Trailer Weight) in trucks, 9 to 80-seater buses, vehicles for defence and special applications, and diesel engines for industrial, genset and marine applications.[9] In 2019, Ashok Leyland claimed to be in the top 10 global commercial vehicle makers.[10] It sold approximately 140,000 vehicles (M&HCV and LCV) in 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 and has a presence in the 7.5 to 49 ton range.
Operations
Capacity/ Production
Ashok Motors was founded in 1948 by Raghunandan Saran. He was an Indian freedom fighter from Punjab.[11] 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 Chennai, with the manufacturing plant in Chennai. The company was engaged in the assembly and distribution of Austin A40 passenger cars in India.
Key Facilities
In 1987, the overseas holding by Land Rover Leyland International Holdings Limited (LRLIH) was taken over by a joint venture between the Hinduja Group, the Non-Resident Indian transnational group and Iveco, part of the Fiat Group.[12]
Key Certifications
In 2007, the Hinduja Group also bought out Iveco's indirect stake in Ashok Leyland.[13] The promoter shareholding now stands at 51%. Today the company is the flagship of the Hinduja Group, a British-based and Indian originated trans-national conglomerate. Ashok Leyland launched India's first electric bus and Euro 6 compliant truck in 2016.[14] In June 2020, Ashok Leyland launched its new range of modular trucks, AVTR.[15][16][17] In September 2020, Ashok Leyland launched the Bada Dost based on its indigenously developed LCV platform called Phoenix.
Raw materials
During the early 1980s Ashok Leyland entered into a collaboration with Japanese company Hino Motors from whom technology for the H-series engines was sourced. Many indigenous versions of the H-series engine were developed with 4 and 6 cylinders, and also conforming to BS2, BS3 & BS4 emission standards in India. Most current models of Ashok Leyland come with H-series engines. Japan entered into a Mutual Cooperation Agreement (MCA) on 27 November 2017 renewing their cooperative agreement that had started in 1986. According to the agreement Ashok Leyland will use Hino's engine technology for its Euro 6 development and will support in the development of Hino's engine parts purchasing in India for global operation.
Past/current