Ashok Leyland Bearish View

**Ashok Leyland** is one of India's leading commercial vehicle manufacturers, headquartered in **Chennai, Tamil Nadu**. It is a flagship company of the **Hinduja Group** and ranks among the largest producers of buses, trucks, and defense vehicles in the world.

### **Key Highlights of Ashok Leyland:**
🚛 **Commercial Vehicles:**
- **Trucks** – Haulage, tippers, and tractor-trailers for logistics, mining, and construction.
- **Buses** – City buses, school buses, and intercity coaches.
- **LCVs (Light Commercial Vehicles)** – **Dost, Bada Dost, Partner, and MiTR** for small businesses.

⚡ **Electric & Alternative Fuel Vehicles:**
- **EV Buses** – Focus on sustainable public transport solutions.
- **CNG & LNG Trucks** – Expanding into green mobility with cleaner fuel options.

🏭 **Manufacturing & Global Presence:**
- Plants across **India, UAE, UK, and Africa**.
- **Strong exports** to over **50 countries** in the Middle East, Africa, and Latin America.

🛠 **Defense & Special Vehicles:**
- Supplies **high-mobility military trucks** to the Indian Army and other defense forces.

Would you like details on **specific models, pricing, dealerships, or new launches?** 🚛