make in India defense: Ashok Leyland wins tender for defense-driven combat vehicles

NEW DELHI: Ashok Leyland, the Hinduja group company, said today that it has put out a tender in the vehicle space driven by defense, marking its search for the niche segment.

"According to the size of the work, the company will work with Combat Vehicles Research and Development Establishment (CVRDE), Chennai, for the manufacture, assembly and testing of lightweight coupling for the design and development of a weight-optimized 1500 hp automatic transmission for the main battle, tanks, "Ashok Leyland said in a statement.

Ashok Leyland Head – Defense Amandeep Singh said, as part of the company's strategy to expand its business scope. It has worked on tracked vehicles.

"With this victory we again mark a milestone in which we will work on the tracked vehicles that our soldiers use. We see enormous potential in repowering and upgrading existing BMPs / Tanks of the Indian Army," he added. toe.

He said that the possibility of followed fighting vehicle also exists in several other countries using Russian made combat vehicles.

The shares of the company were 0.11 percent higher than Rs 132.25 per piece for BSE.

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