Ashok Leyland , the Indian flagship of the Hinduja Group and a leading commercial vehicle manufacturer, has clinched a significant order for 1,937 buses from Tamil Nadu State Transport Undertakings (TNSTU). The deal, valued at Rs. 668.76 crores, reinforces Ashok Leyland's dominant position in the Indian bus market and strengthens its long-standing partnership with TNSTU.

Order Details

The order comprises a mix of AIS 153 compliant BS VI diesel-fueled chassis and fully built buses, designed for various applications including town, mofussil, and State Express Transport Corporation (SETC) services. Here's a breakdown of the order:

Technological Advancements

The buses will feature Ashok Leyland's advanced iGen6 BS VI technology, ensuring improved performance and compliance with the latest emission norms. Key features include:

• Enhanced Battery and Alternator for advanced Intelligent Transport Management System (ITMS) needs
• Electronic Stability Control in high-speed Mofussil and SETC buses
• Auto Transmission in Urban Low Entry and Semi Low Floor buses for improved driver comfort
• Air suspension and optimized floor heights for a smoother passenger experience
• Wheelchair ramps for enhanced accessibility

Market Position

This order further solidifies Ashok Leyland's position as:

• The 4th largest bus manufacturer globally
• India's largest bus manufacturer
• A preferred partner for TNSTU, with over 21,000 buses already operational in their fleet

Executive Statements

Ms. Madhavi Deshmukh, National Sales Head– MHCV, Ashok Leyland, commented on the order: "This order win reinforces our dedication to creating efficient and technologically advanced products that exceed our customers' expectations and contribute to the growth of public transportation."

Mr. Mohan K – Head Bus - MHCV, Ashok Leyland, added: "These advanced buses, equipped with the latest safety, technology, and comfort features, underscore our commitment to delivering reliable, efficient, and safe mobility solutions."

Conclusion

This substantial order not only highlights Ashok Leyland's strong market presence but also underscores the company's commitment to advancing public transportation in India. As the automotive industry continues to evolve, Ashok Leyland's focus on innovation and customer-centric solutions positions it well for future growth in the commercial vehicle sector.

Ashok Leyland , a leading commercial vehicle manufacturer in India, has reported robust sales figures for September, showcasing strong growth across various segments. The company's performance exceeded market expectations, indicating a positive trend in the commercial vehicle sector.

Sales Performance

Ashok Leyland announced total sales of 18,813 units in September, representing a significant 9% increase from 17,233 units sold in the same month last year. This performance surpassed analyst estimates, which had projected sales of around 18,400 units for the month.

Segment-wise Breakdown

The company's sales data reveals growth across multiple vehicle categories:

Key Highlights

• Light Commercial Vehicles (LCV): The LCV segment showed impressive growth, with sales increasing by 14% year-over-year to 7,005 units.
• Medium and Heavy Commercial Vehicles (M&HCV): The M&HCV segment, including both trucks and buses, saw a 7% increase in sales, reaching 11,808 units.
• Domestic Market: In the domestic market, Ashok Leyland sold 17,209 units, marking a 7% growth compared to the previous year.

Cumulative Performance

The company's cumulative sales figures for the fiscal year also show positive momentum:

• Total vehicle sales (domestic + exports) reached 93,354 units, a 4% increase from the same period last year.
• M&HCV bus sales saw a remarkable 19% growth in cumulative figures, indicating a strong recovery in the bus segment.

Ashok Leyland's strong performance in September, particularly in the LCV and M&HCV segments, suggests a robust demand for commercial vehicles. The company's ability to exceed analyst expectations highlights its strong market position and operational efficiency in meeting the growing demand in the commercial vehicle sector.