 "Ashok Leyland Chairman Dheeraj Hinduja")
This is the opportune time for Indian original equipment manufacturers (OEMs) to seek global position by showcasing manufacturing prowess and demonstrating the products of global standards of quality and reliability, says commercial vehicle major Ashok Leyland Ltd (ALL) Chairman Dheeraj G Hinduja.
Ashok Leyland increased its investment in Research and Development (R&D) by around 2.31 per cent to Rs 673.35 crore in 2019-20 from Rs 658.13 crore in 2018-19 as it plans to expand global presence and on new technologies.
In a letter to company's shareholders, Hinduja said, "Long-term outlook for the sector continues to remain positive, with the current
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