Ashok Leyland eyes greater presence in logistics market

Mar 23, 2017: Ashok Leyland, flagship of the Hinduja Group, is gearing to tap opportunities in the country’s logistics sector that is estimated to touch $ 370 billion by 2020.

The company recently showcased its range of fully built vehicles with a view to reinforce its position in the logistics sector which is expected to grow at a CAGR of 16 per cent.

“We want to further strengthen our position through our vehicles, offering the latest in technology, which help our customers earn better margins and superior efficiencies. Developed on our brand philosophy, ‘Aapki Jeet, Hamari Jeet’, our ready-to-use, fully built, customisable vehicles are developed specifically for Indian market and conditions. Our target consumers include ecommerce companies, automobile companies, organised logistics players and vendors of all such companies who are consistently moving across the length and breadth of our country to deliver to their customers,” said Anuj Kathuria, President, Global Trucks, Ashok Leyland.

While the inflow on new investments will create new opportunities in this sector, the Make in India campaign will see these investments connect India to global markets, he added.

“Trucks are the most popular mode, accounting for 65 per cent of freight in India, translating into a big opportunity for manufacturers like us to contribute to the positive change in making our country’s logistics sector globally competitive,” Kathuria said.

Photo credit: Team-BHP