Ashok Leyland announces organisational revamp

Ashok Leyland announces organisational revampAshok Leyland, India's second largest CV manufacturer, has announced its decision to revamp its organisational structure classified into three different units, viz. truck, bus and power solutions.

Vinod K Dasari, managing director of Ashok Leyland, said that the decision to classify the company into three divisions had been taken in a bid to improve customer experience and shareholder value.

Dasari also announced that each of the three planned divisions would have an independent head, but wouldn't be a separate strategic business division.

The commercial vehicle giant previously announced that it aimed to become one of the world's top ten truck- and five-bus manufacturers. Responding to a query about that, Dasari said, "We did have a five-year time-frame, but the markets have changed. For us, it is more of a goal. However, last year, we have become one of the top four bus-makers in the world."

Ashok Leyland has plans to introduce four major vehicles during this fiscal, including two cargo carriers - A Truck (8-15 tonnes capacity), Partner (5-6 tonnes capacity) and a 16-tonnes N Truck.

For the last fiscal, the commercial vehicle manufacturer reported a 4.3 per cent growth in North India, 4.3 per cent in the west, 0.7 per cent growth in the south and 4.8 per cent in the east.




Check out More news from Telecom Sector :: Pharmaceutical Sector :: Auto Sector :: Infrastructure :: Real Estate