Ashok Leyland, a company that specializes in manufacturing automobiles has recently been awarded defense contracts Rs 800 crore. These contracts involve the acquisition of the Field Artillery Tractor (FAT 4X4) and the Gun Towing Vehicle (GTV 6X6). These vehicles will play a role, in the government’s initiatives to promote manufacturing, in the defense sector.
In a noteworthy development, automobile manufacturer Ashok Leyland has disclosed securing orders worth Rs 800 crore in the defense sector, as stated in a BSE filing. The contracts encompass the acquisition of the Field Artillery Tractor (FAT 4X4) and the Gun Towing Vehicle (GTV 6X6).
The FAT 4X4 and GTV 6X6 vehicles possess distinct capabilities that will be utilized by the artillery for transporting light and medium guns, respectively. These vehicles are integral to the government’s strategy of promoting indigenous production in the defense sector.
Expressing his satisfaction, Shenu Agarwal, the Managing Director and CEO of Ashok Leyland, conveyed, “We take immense pride in securing these orders from the Indian Army. The Defence business has been a robust growth driver for us, and this triumph further reinforces our leadership in the Defence mobility vehicles domain. It also attests to our unwavering commitment to furnishing advanced mobility solutions for our armed forces.”
Amandeep Singh, President of Defence Business at Ashok Leyland, further commented, “Ashok Leyland’s reliable mobility solutions have consistently served as a formidable asset within the defense sector, meeting the diverse requirements of personnel and logistics across the armed forces. We are proud to have set a leading example of ‘Atmanirbhar Bharat’ by supporting our forces through our products and solutions. Ashok Leyland has invested in developing mobility platforms of various sizes, including 4×4, 6×6, 8×8, 10×10, and 12×12, to cater to the operational needs of the Indian Armed Forces.”
Earlier this month, Ashok Leyland reported a 5% increase in total vehicle sales for June, amounting to 15,221 units. The company stated that total domestic sales saw a 7% rise, reaching 14,363 units compared to 13,469 units in the same period last year. Domestic sales of medium and heavy commercial vehicles recorded a growth of 10%, with 9,274 units sold, as compared to 8,399 units in June of the previous year.
