Ashok Leyland bags order worth $200 mn from Cote D'Ivoire

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Press Trust of India New Delhi
Last Updated : Nov 26 2015 | 8:07 PM IST
Hinduja Group flagship company Ashok Leyland has received an order worth USD 200 million (around Rs 1,331 crore) from the West African country Cote D'Ivoire for the supply 3,600 trucks and buses.
The company has signed a contract with the government of Cote D'Ivoire for 3,600 vehicles worth USD 200 million, Ashok Leyland said in a regulatory filing.
"I am proud that the government of Cote D'Ivoire has chosen products from Ashok Leyland. This is the largest contract for this country with any firm in India and also represents the largest such contract till date for the company," Ashok Leyland Managing Director Vinod K Dasari said.
The company looks forward to building this as a base for further growth in West Africa, he added.
The contract is being funded by Exim Bank of India and is pending final clearance from respective governments, the company said.
"The vehicles include trucks and buses, will be delivered over the next 12 months," the company said.

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First Published: Nov 26 2015 | 8:07 PM IST

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