Ashok Leyland bags $50 million order for 680 vehicles from Zimbabwe

Commercial vehicle major Ashok Leyland Ltd has received a $50 million worth order for vehicles and spare parts from the Government of Zimbabwe.

The company today informed that it has received orders for 680 Vehicles and Spare Parts, worth $50 million from the Ministry of Local Government, Public Works and National Housing, Government of Republic of Zimbabwe. This comes in the backdrop of the company's plans to increase its export operations. It has receently said that it see huge opportunity in Africa and South American markets. The company, in November, 2015, received a contract for 3,600 vehicles worth $200 million from the government of Cote D'Ivoire, a west African country formerly known as Ivory Coast.

According to an earlier report, the company has been looking at countries like Nigeria, Kenya, Senegal to set up assembling facilities along with a local partner to cater the regional market.
 
Initially the company will assemble small commercial vehicles and once the distribution and service network are in place it will go for bigger vehicles, it said during 2015.

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