After marking an end to their long-term partnership with Nissan Motor, Ashok Leyland Ltd., one of the largest commercial vehicle manufacturers in the country of India, is aiming for its solo journey in the LCV market.
Just recently, they announced that they will be introducing 8-10 new products over the next couple of years as part of their goal to become a full range player in the sector of light commercial vehicle. The soon-to-be-released sets of wheels are said to be a combination of new ground up model and updated versions of their current offerings.
“We will add a lot more models. We are planning on our own and we will have a bunch of new models coming in. We will have a full range of LCVs over the next 2-3 years,” said Vinod Dasari, the managing director of Ashok Leyland, during an interview. “There will be variants, there will be new models, new platforms. Maybe around 8-10 different models will come,” he added.
Dasari also shared that the investment in the project would go around Rs. 400 crore (AUD 80 million). The first of the new products in their lineup is slated to be released in the next six months, based from their roll out timeline. He as well noted that although there will be enhancements and upgrades to their existing vehicles, Ashok Leyland’s upcoming LCVs will be designed and developed in their own facilities.
Ashok Leyland Ltd. is the 16th largest truck manufacturer in the world. During the same interview, they said that they believe in the light commercial vehicle business and they want to be able to provide a full range of products to their customers. They admit that currently, they are only in the medium and heavy commercial vehicle sectors. But, many of their customers who own large set of wheels is also in the hunt for smaller vehicles, so they will continue to invest in this venture.