Ashok Leyland chairman, Auto Information, Automobilnews
Hinduja Group flagship Ashok Leyland is re-examining the enterprise and working fashions within the wake of the COVID-19 outbreak, a prime official has stated.On this path, the corporate has taken a sequence of initiatives for sustainable development, its chairman Dheeraj G Hinduja stated.
The long-term outlook for the business automobile sector continues to stay constructive amid the pandemic, he stated.
With the federal government taking measures to re-activate the business area, Hinduja, addressing the shareholders, stated the administration has taken the chance in the previous couple of months to re-examine the enterprise and working fashions with none presumptions.”On an evaluation of the short- and long-term prospects, a sequence of initiatives has been set in movement to reconfigure the corporate aimed toward sustainable development whereas minimising the opposed impression of financial cycles,” he stated.
The present market state of affairs is the correct time for Indian OEMs (unique gear producers) like Ashok Leyland to maneuver, with out inhibition and search a worldwide place by showcasing the corporate’s manufacturing prowess and reveal the merchandise of world requirements of high quality and reliability, Hinduja stated.
With the upcoming mild business automobile vary of merchandise, the corporate was able to broaden its presence within the nation and abroad, he stated.
“One other thrust space is the defence sector,” he stated, including as one of many largest suppliers of logistic automobiles to the armed forces, Ashok Leyland would proceed to place mobility merchandise and options in an accelerated method.
“We must be seeing the advantages of our plans and efforts earlier than lengthy,” he stated.
On the impression of COVID-19 outbreak, he stated the pandemic has triggered an debilitating impact on all sectors of the financial system.In the course of the pandemic, the state of affairs was managed effectively with some cautious planning, he stated, including that the administration made a brave resolution to introduce for the primary time a modular truck platform AVTR for medium and heavy vary alongside the introduction of BS-VI emission expertise.
“Each are individually main technical challenges together with a mandated timeline to be met. It’s a proud second for the corporate when the design, price and time targets had been achieved indigenously and innovatively,” he stated.
The corporate was additionally prepared with in-house developed new mild business automobile vary however the launch was deferred because of the virus outbreak, he stated.
“The introduction of the brand new vary of merchandise was anticipated to be a game-changer,” he stated.
On the corporate’s launch of electrical automobiles, he stated Ashok Leyland was making inroads on this phase with buses within the home market and thru the Optare vary of merchandise in London.
“We’re shifting quick within the studying curve on this realm protecting tempo with international traits and are poised for main strides quickly,” he stated.