Besides, Ashok Leyland will also enter Bangladesh with the help of a strategic partner for manufacturing trucks. Ashok Leyland also proposes to expand its capacity at the Ras Al Khaimah unit in the U.A.E. Keywords: Ashok Leyland Its goal is to increase the share of export revenue from 7% to the range of 30-35% in five yearsCommercial vehicle-maker Ashok Leyland Ltd. has drawn up plans to increase its share of revenue from exports almost fivefold in five years, said Chief Financial Officer Gopal Mahadevan. To meet this goal, it had laid out plans to enter overseas markets and introduce new products resulting in improved margins.

Source: The Hindu July 22, 2016 18:45 UTC