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Ashok Leyland
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If you have observe on the highway on The any road in India you might have seen Ashok Leyland heavy vehicle there must be curiosity e in your mind that at how this company has grown from the the its initial days from the zero
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Ashok Leyland is India's second largest heavy vehicle manufacturing company
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Ashok motors started in 1948 it is started by raghunandan Saran he was an Indian freedom fighter he was living in Punjab province after the the 1947 independence of India
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then prime Minister jawaharlal nehru requested him to invest in modern industrial venture
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Initial days Ashok motors was working for Austin
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The name Ashok Leyland was named after there child of founder raghunandan Saran
raghunandan Sharma named company after his child Ashok saral that is Ashok Leyland
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Raghunandan Saran before independence used to who take care of garage are used to work in a garage
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raghunandan Saran father was a rich person that's why raghunandan Saran was getting respect too
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Raghunandan Saran always wanted to be do something big that's why he started in Madras Ashok motors
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after analysing into this motor industry automobile industry he pointed out that I figured out that there was no vehicle in the country to supply the required material for long distance
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Ravindra Sharma wanted to be a part of India success growth story or add into India's economy or add into India GDP
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In 1952 Ashok motors started talks with the Leyland motors and they decided to go for joint venture
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Raghunandan Saran died in a plane crash in 1953 however tamilnadu government with public offering tried to help Ashok motor Company and they provided financial help with the help of industries
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tamilnadu government took the ownership of Ashok motors and with the joint venture in 1954 with Leyland group they started company Ashok Leyland
because of this deal Indian government has benefited a lot in terms of revenue or rupees
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After this there is lot of technology evolution adaptation in India any new technology which comes to India has came to India through Ashok Leyland Ashok Leyland was the first mover to adapt technology and password to the customer with their quality products
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Ashok Leyland started their business and it spread or diversify ID into you are extended into other countries also
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because of this brand value of the Ashok Leyland has increase and partnership remind for so many years till 1975
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British Leyland company also started benefiting Ashok motors Company that's why nowadays also lot of products on Ashok Leyland are very good quality or innovative products for creative products
after few years hinduja group started purchasing shares of Ashok Leyland and now hinduja group has 51% shares of Ashok Leyland the purchase this shares in 2007
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And also getting started getting orders from the defence sector to prepare trucks and also Ashok Leyland group got the tenders to manufacture public buses
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In today's scenario out of five government buses for government buses are of Ashok Leyland
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single and double decker buses are introduced to Indian market by Ashok Leyland group
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Ashok Leyland group is not working in India for selling their product in India but also in world's largest 50 countries they are selling their product like Egypt gana South Africa Nigeria are the main companies or countries
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Ashok Leyland has various plants in India to manufacture automobile components of the spare parts
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One of the country situated in Chennai North Chennai minjur
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It has got test lab & product development facilities
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LIC company has got four roads of shares of Ashok Leyland provident fund of government has got 5 crores of shares of of Ashok Leyland
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Wednesday, 3 April 2019
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