This product also offers the customer flexibility to operate a large band of GVW from 28tonne to 40.5 tonne with total cost of operation benefits.
This new truck offers an additional five-tonne payload compared to standard 8x2 trucks with a better Total Cost of Ownership (TCO).
Ashok Leyland said its customers have been able to reduce the overall cost by 15 per cent by utilising the company's digital initiatives.
Hinduja Renewables, part of the Hinduja Group, focused on building sustainable and clean energy plants in India, has built a solar plant for them, with a capacity of 75 MWP in Sivagangai district.
Mahadevan said that the global auto industry, in fact, is affected by these two challenges.
The revenues for the third quarter on a standalone basis stood at Rs 4,814 crore as compared with Rs 4,016 crore in the year-ago period, Ashok Leyland said in a statement.
The company had sold 10,175 units in the same month last year, Ashok Leyland said in a regulatory filing.
Hitachi ABB Power Grids in India, Ashok Leyland and the Indian Institute of Technology-Madras (IIT-M) on Friday announced a partnership for an e-mobility pilot.
The scheme would be implemented over a period of nine months, the company said.
The CFO is also quite hopeful that in Q3 and Q4 the company will witness better sales.
According to Anuj Kathuria, chief operating officer of Ashok Leyland, ICVs are witnessing a faster revival in the industry and there is a spurt in demand.
The two trucks are meant for a range of sectors like courier, poultry, white goods, agri-perishable, and e-commerce.
Badged as BOSS LE and LX and with a price starting at Rs 18 lakh ex-showroom Mumbai/Delhi/Chennai, the two variants will be for 11.1 ton to 14.05 ton Gross Vehicle Weight (GVW) segments.
Hero MotoCorp’s standalone net profit plunged 95.12 per cent to Rs 61.31 crore against a net profit of Rs 1,257.34 crore a year ago.
Revenue stood at Rs 651 crore for the quarter as against Rs 5,684 crore for the same period last year, due to the lockdown on account of the COVID-19 pandemic, the company said.