By: ChandrashekarBhat
COMMERCIAL vehicle maker Ashok Leyland said it will supply 200 trucks to Bangladesh as part of a $2-billion (£1.48 bn) line of credit announced by Indian prime minister Narendra Modi.
As part of the order, 135 trucks have already been delivered to Bangladesh, the Hinduja Group-owned company said in a statement on Monday (7).
It said it had won the tender floated by the Bangladesh government for 135 fully-built trucks.
These trucks have already been handed over to the Roads and Highways Department of Bangladesh in the current financial year, it added.
Ashok Leyland has now been awarded an order for 65 units of truck-mounted wrecker, a specialised vehicle to be deployed by the Bangladesh government for various highway applications, it noted.
“Bangladesh is one of our key export markets, and this supply further strengthens our position in the country. We are enthused by the various export facilitation measures taken by the Indian Government. We plan to further increase our volumes and footprint in overseas markets… Exports have been a strong focus for us to de-risk from cyclicality in the Indian market,” said Amandeep Singh, head of the international operation, Ashok Leyland.
Ashok Leyland is one of the leading commercial vehicle brands in Bangladesh, with more than 50 touchpoints across the country, according to the company.
Apart from supplying many vehicles from India, the company also assembles its range of trucks, buses, and light commercial vehicles in Bangladesh, it stated.
(PTI)
