Ashok Leyland, the Hinduja Group's flagship company has received an order for 3,600 buses and trucks from the West African country, Ivory Coast. The order is worth around Rs. 1,331 crore.
In a regulatory filing, Ashok Leyland has mentioned that the company has signed a contract with the Ivory Coast government to supply 3,600 vehicles, which are trucks and buses. The fulfilment of delivering these vehicles will be done over the next 12 months.
Vinod K Dasari, the Managing Director of Ashok Leyland said, "I am proud that the government of Cote D'Ivoire has chosen products from Ashok Leyland. This is the largest contract for this country with any firm in India and also represents the largest such contract till date for the company."
Ashok Leyland is also looking at this opportunity to grow its base in the West African country of Ivory Coast. According to the company, the funding for the contract is being fulfilled by Exim Bank of India and is waiting for final clearance by respective governments.