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Ashok Leyland Bags An Order For 500 Fully Built Vehicles Worth Rs 120 Crore
Ashok Leyland has bagged an order worth Rs 120 crore for 500 vehicles from a logistics company.
Ashok Leyland, one of India's leading truck manufacturer, has bagged an order for 500 fully built vehicles worth Rs 120 crore. The company claims that the order was possible because of the iEGR (Intelligent Exhaust Gas Recirculation) technology that was developed by Ashok Leyland itself.
The order for the vehicles was issued by Rivigo, a technology-enabled logistics company that was founded in 2014. With the new order, Rivigo is looking at expanding its fleet to 2700 vehicles.
Speaking of the iEGR technology, Ashok Leyland introduced it in April 2017 for engines up to 400hp to meet BS-IV (BS4) norms.
Speaking on occasion, Anuj Kathuria, President - Global Trucks, Ashok Leyland said, "Today, our BS-IV iEGR vehicles are giving up to 10 percent better fuel economy when compared to our BS-III range. This is helping all our customers to improve their total cost of operations by up to 15 percent, translating to improved profits."
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