M a r k e t N e w s

Ashok Leyland bags $79.2 million project in Tanzania, Zimbabwe

Posted on : Thursday, 4th December 2014

Hinduja Group flagship firm Ashok Leyland has announced bagging of two large integrated transport projects in Tanzania and Zimbabwe worth a total of $79.2 million. 

 
As part of the project, the company will supply trucks, buses, light commercial vehicles, spares and allied support services, includes training and developmental consultancy, Ashok Leyland said in a statement. 
 
Besides, the company will also address a variety of mobility requirements in various tourism and economic development programmes, it added. 
 
Commenting on the development, Ashok Leyland Managing Director Vinod K Dasari said: "These projects are a continuation of the many pilot projects we have done across Africa to offer integrated solutions and these orders have been won in the face of stiff global competition." 
 
He said the company had made a conscious effort to provide thrust to its international operations and Africa was a very important part of this strategy. 
 
"It is very encouraging to see our efforts bear fruit. I am confident this is the beginning of a successful new area of enhanced cooperation between Ashok Leyland, Africa and our valued customers," he added. 
 
Exim Bank has financed these projects under their NEIA (National Export Insurance Account) scheme, that supports project exports from India, the company said. 
 
Shares of Ashok Leyland were trading at Rs 55.25 per scrip, in the morning trade, up 1.38 per cent from the previous close on the BSE.

Source : economictimes.indiatimes.com
Featured Companies
  • KG INTERNATIONAL FZCO
  • MIDDLE EAST BATTERY COMPANY
  • DEERFOS
  • PINNACLE
  • dubaiexporters.com
  • J.K. Fenner Limited

Complete List  

Advertisers in previous issue:

  • Fuel Saver
  • Best Choice International Trade is one of the leading tyre exporter in China, and a major supplier of tyres and engines in Beijing Municipality.
  • FM Filter Monza can respond to this need with a wide range of ready or customized filters, manufactured using different technological solutions.
  • Gear Gremlin is a completely new collection of indispensable accessories for motorcyclists, covering everything from a valve dust cap to a chain breaker and riveting kit.
  • ANAM Motors Co., Ltd., has been expanding its areas into many markets of Auto motive Spare Parts in worldwide from the establishment year of 1998.
  • Changzhou Guoshi Vehicle Accessories Co.,Ltd. is proficient in vehicle spare parts manufacturing and has involved a lot of capital, time and resources to make us prominent in this industry.
  • Manufacturer of extensive range of clamps, connectors and fasteners.
  • Bearings
  • A truly global provider of quality vehicles.
  • Fowlers Parts supply genuine original spare parts
  • China Jiangsu Dongxing Auto Decorations Co.,Ltd,established in 1989,the manufacturer of cabin and body parts for truck Mercedes-Benz, Volvo,Scania,Man,Iveco,Daf and Renault.
  • Kenya
  • Mobile Crushing and Screening plant
  • High quality spare parts for truks
  • Car garage equipment
  • Exporters of Genuine & Non Geuine Parts for Japanese Cars.
  • DM is one of the leading manufacturer specialized in reflective material in the world, which is only one manufacturer that not only produce personal safety production but also produce traffic safety production in China.
  • Wheel bearing / Hub units,Water pump bearings,Deep grove ball bearings;Strut bearings;Heavy duty truck tapers;Tensioner bearings
  • Meizhou Jinda Auto Parts Co.,Ltd. is a state-owned enterprise ,specializing in manufacturing auto clutch disc and brake.
  • Rolman World is one of the largest and most established distributors of bearings and related technical services in the Middle East and Africa.
  • Supplier of vehicles, watercraft & aircraft worldwide.
  • For European Trucks & Engine Parts.
  • Dealers of Honda,Yamaha,Suzuki.
  • Trade Exhibition
  • It is the largest manufacturer of Premium Quality Lipe brand clutches for the commercial vehicles in India.
Afrotrade International Marketing, Tel: +971-50-6285684
© 1998-2025 Afrotrade