Motilal Oswal
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Motilal Oswal
April 16, 2018 02:03 PM | Auto

Revenue from defence ministry order will start from end of FY19, says Ashok Leyland

Ashok Leyland’s defence business has bagged an order from the ministry of defence which is worth an initial Rs 100 crore. In an interview, Amandeep Singh, Head-Defense at Ashok Leyland spoke at length about the order.

Singh said that this is an order for carrying of Smerch rockets. It’s a 10x10 vehicle and it’s for the first time in India that an Indian made 10x10 vehicle will be used for the defence application.

“We will start getting revenues from this yearend onwards and we should be able to complete the order by first half of next year,” he added.
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