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We are aggressively looking at inorganic growth: L Ganesh, CMD, Rane Group
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With this partnership, Ashok Leyland customers will now be able to access flexible financing options in a deal from Kenya Commercial Bank. The partnership will see customers enjoy up to 95% financing with an extended repayment period of 72 months as well as a comfortable 60-day payment holiday.
The company reported a 111% jump in domestic sales of M&HCV to 7329 units in July 2022 up from 3473 units sold in July 2021. Meanwhile, the LCV segment recorded a 16% growth with 5386 units sold in the previous month as compared to 4656 units sold in the same month last year.
“I believe so because the pandemic and some of the uncertainties that were there globally are now all behind us. There is no reason why the commercial vehicle industry should not grow,” Ashok Leyland Whole Time Director and CFO Gopal Mahadevan told PTI in an interaction.
The company’s revenue from operations jumped to INR 8434.66 crore in Q1 FY23 compared to INR 4070.34 crore in the same period a year ago.
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As the COO, Anjali’s priorities would include partnering with Cummins customers in their energy transition journey toward decarbonization, positioning Cummins India as the global manufacturing hub, and strengthening the group’s reputation as a leading technology solutions provider, the company said.
As the COO, Anjali’s priorities would include partnering with Cummins customers in their energy transition journey toward decarbonization, positioning Cummins India as the global manufacturing hub, and strengthening the group’s reputation as a leading technology solutions provider, the company said.
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