Ashok Leyland Wins Contract Worth $200 Million from Cote D'Ivoire

Hinduja Group's flagship company, Ashok Leyland, signed a contract with the government of Cote D'Ivoire (Ivory Coast) for 3,600 vehicles worth $200 million.  This contract is being funded by EXIM Bank of India and is pending final clearance from respective governments. The vehicles, which includes trucks and buses will be delivered over the next 12 months.

The Managing Director of Ashok Leyland, Vinod K. Dasari said, “I am proud that the Government of Cote D'Ivoire has chosen products from Ashok Leyland, well-renowned for their reliability and quality. This is the largest contract for this country with any firm in India, and also represents the largest such contract till date for the Company. We are proud to be partnering with the visionary government of Cote D'Ivoire, and look forward to building this as a base for further growth in West Africa. I also would like to acknowledge the tremendous support from EXIM Bank, Ministry of Commerce, and the Indian Embassy in bringing this large contract to fruition."