Order executed under $2 billion credit line from Government of India
Ashok Leyland has supplied 200 trucks to the Government of Bangladesh as part of a project from India under a $2 billion line of credit announced by Indian PM Narendra Modi.
Ashok Leyland had won the tender floated by the Bangladesh Government for 135 units of fully built trucks comprising 3T truck, hydraulic beam lifter and sewerage sucker which have already been handed over from India to the Roads and Highways Department during the current financial year. Now they have been awarded order for another lot of 65 units of truck-mounted wrecker, a specialized vehicle to be deployed by the Bangladesh Government for various highway applications.
Speaking on the occasion, Amandeep Singh, Head – International Operation, Ashok Leyland, said: “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, and we plan to further increase our volumes and footprint in overseas markets especially SAARC, GCC and Africa. Exports has been a strong focus for us to de-risk from cyclicality in the Indian market, and this is a significant step in that direction.”
Ashok Leyland is one of the leading commercial vehicle brands in Bangladesh and has more than 50 touch points across the nation. Apart from supplying many vehicles from India, the company also assembles their range of trucks, buses, and LCV vehicles locally at IFAD Auto Dhamrai plant in Bangladesh.