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Ashok Leyland

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Ashok Leyland is an Indian multinational automotive manufacturer, part of the Hinduja Group, specializing in commercial vehicles including trucks, buses, and defense vehicles. Headquartered in Chennai, India, it is a leading OEM for transport and logistics infrastructure, with a growing focus on electric mobility solutions.

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Founded 1948 15,000 employees Parent: Hinduja Group
Automotive ManufacturerOEM/EquipmentDeveloper

Strategic Overview

  • Strong focus on electric vehicles and sustainable mobility solutions through its subsidiary Switch Mobility.
  • Expanding international presence, particularly in Africa, Middle East, and ASEAN markets.
  • Continued emphasis on domestic market leadership in commercial vehicles, especially in public transport.

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Investment Focus

Technologies
Other1
Geography
India1

Key People

Shenu Agarwal
Managing Director & CEO
Gopal Mahadevan
Whole Time Director & CFO
N. V. Balachander
President - HR, CSR & Communication
Amandeep Singh
President - Head of International Operations
Sanjeev Kumar
President - MHCV
Anuj Kathuria
Chief Operating Officer
Dr. N. Saravanan
Chief Technology Officer

Track Record

76
Years Active
Notable projects: Supply of 1,282 buses to Gujarat State Road Transport Corporation (Dec 2023), MoU for 5,000 electric buses with Chalo (Oct 2023)

Detailed Analysis

Technologies
Commercial VehiclesElectric VehiclesEV Charging
Sectors
TransportRoads/Toll RoadsEnergy TransitionUtilities
Geographies
IndiaSri LankaBangladeshMiddle EastAfricaUKAsia PacificWestern Europe
Deal Stage
GreenfieldBrownfieldOperating

Subsidiaries

Switch Mobility Ltd.Ashok Leyland Defence SystemsAshok Leyland TechnologiesAlbonair GmbHHinduja Leyland Finance Ltd.

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