Ashok Leyland looking to strengthen its position in logistics sector

According to a recently posted news agency report, Hinduja group flagship Ashok Leyland is looking to strengthen presence in the country’s logistics sector that is estimated to touch USD 370 billion by 2020.

ashok leylandThe company is enhancing its range of fully built vehicles in order to tap the sector which is expected to grow at a CAGR of 16 per cent. The Chennai-based firm, which is the second largest commercial vehicle manufacturer in the country, has around 45 per cent share in the truck segment in the logistics sector.

“We want to further strengthen our position through our vehicles, offering the latest in technology, which help our customers earn better margins,” Ashok Leyland President Global Trucks Anuj Kathuria said.

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