Source : Moneycontrol
Ashok Leyland bags defence orders of Gun Towing Vehicle worth Rs 800 crore from the Indian Army
Ashok Leyland, India’s second-largest commercial vehicle maker, announced on July 17 that it has bagged a significant order worth Rs 800 crore from the Indian armed forces. Ashok Leyland is the largest supplier of logistics vehicles to the Indian Army, the auto major mentioned in a release.
Among the many contracts awarded to Ashok Leyland, the contracts for making the Field Artillery Tractor (FAT 4×4) and the Gun Towing Vehicle (GTV 6×6) are notable because they are prominently featured in the initial positive indigenization list announced by the Government of India.
Commenting on the development Ashok Leyland, MD and CEO Shenu Agarwal expressed gratitude for the trust bestowed in the automotive brand by the government.
“We are grateful for the trust placed in Ashok Leyland by the Government of India, and we remain dedicated to contributing to the country’s indigenization efforts and self-reliance in defense manufacturing,” Agarwal said.
Ashok Leyland will deliver the GTV 6×6 and the FAT 4×4 vehicles to meet the requirements of the Indian Army over the course of the next 12 months, the release said. Ashok Leyland bags defence orders of Gun Towing Vehicle worth Rs 800 crore from the Indian Army Ashok Leyland bags defence orders of Gun Towing Vehicle worth Rs 800 crore from the Indian Army IgMp
