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Ashok Leyland bags major transport projects worth USD 79.2

Capital Market

In Tanzania and Zimbabwe

Ashok Leyland announced that the Company has bagged two large integrated transport projects in Tanzania and Zimbabwe worth USD 79.2 million.

Besides supply of trucks, buses, LCVs, spares and allied support services (including training and developmental consultancy), these projects will address a variety of mobility requirements in various tourism and economic development programs. Exim Bank has financed these projects under their NEIA scheme, that supports project exports from India.

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First Published: Nov 17 2014 | 2:15 PM IST

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