Mumbai: Ashok Leyland, flagship of the Hinduja Group flagship company and India’s second largest commercial vehicle manufacturer on Wednesday signed a Memorandum of Understanding (MoU) with Axis Bank to enter into a strategic financing partnership for two years. The MoU will enable both Ashok Leyland and Axis Bank to offer customized financial solutions to the customers based across India, including semi-urban and rural regions.
“With a Pan-India presence, both organizations can leverage their strengths for the mutual benefit of the customers. Ashok Leyland products come with differentiated technology that offer our customers best-in-class total cost of ownership, thereby providing profitability to their business” Anuj Kathuria, Chief Operating Officer, Ashok Leyland, said.