In a strategic move signaling its commitment to the electric mobility-as-a-service (E-MaaS) sector, Ashok Leyland, a prominent player under the umbrella of the Hinduja Group, confirmed its acquisition of Ohm Global Mobility Private Ltd (OHM). The acquisition, executed for a symbolic sum of Rs 1 lakh, is attributed to OHM’s non-operational status. This development positions […]
Ashok Leyland, a supplier of logistics vehicles to the Indian Army and the flagship of the Hinduja Group, announced winning significant orders in the defence sector valued at INR 800 crores. The contracts include the procurement of the Field Artillery Tractor (FAT 4×4) and the Gun Towing Vehicle (GTV 6×6). Used by the Artillery for […]
Ashok Leyland, a commercial vehicle manufacturer in India and part of the Hinduja Group, has partnered with Hewlett Packard Enterprise (HPE) to adopt the GreenLake edge-to-cloud platform in an endeavour to modernize its SAP HANA infrastructure and drive performance enhancements, This move aims to bring forward the company’s vision of smarter operations and vehicles, enabling […]
Ashok Leyland has entered into a partnership with AI-enabled autonomous solutions provider Aidrivers to develop clean, greener autonomous vehicles. The two firms have inked a memorandum of understanding (MoU) for paving the way for a long-term collaboration under which their specialist knowledge and experience will be combined to jointly move ahead in the quickly advancing […]
Ashok Leyland said that its subsidiary — Switch Mobility Ltd, an electrified commercial vehicles company, has secured an investment of $18 million from Dana Incorporated, a US-based provider of drivetrain and electrified propulsion systems. Dana Incorporated will get a minority stake in Switch Mobility. It will also become a preferred supplier of electric drivetrain components […]
Pennar Group, a Hyderabad-based engineering products and solutions firm, has won orders totaling INR 571 crores across its multiple business verticals. The company’s pre-engineered building vertical won orders for construction of manufacturing plants, solar PV Modules, warehouses, structural steel, and chiller room from customers such as Amazon, Trident, Amyraah Properties, Toyo, UTCL, and others. According […]
Ashok Leyland, an Indian commercial vehicle manufacturer, has formed a new environmental, social, and governance (ESG) committee of the board headed by an independent director. The flagship company of the Hinduja Group said that the ESG committee will be responsible for providing suitable oversight and guidance in its journey on organization-wide initiatives in ESG, priorities, […]
Hinduja Group’s Ashok Leyland said that it has delivered light bullet proof vehicles (LBPV) to the Indian Air force in collaboration with aerospace company Lockheed Martin. The light bullet proof vehicles from Ashok Leyland are said to be an adapted version of Lockheed Martin’s CVNG (Common Vehicle Next Gen). Vipin Sondhi – MD and CEO […]