Leyland’s LCV vertical has signed a Memorandum of Understanding (MoU), with
Adani Capital Pvt Ltd to enter into a strategic financing partnership for its
range of Light Commercial vehicles. This MoU will enable both Ashok Leyland and
Adani Capital to offer customised financial solutions for its customers in the
Small Commercial Vehicle and Light Commercial Vehicle Segment.
Capital will work towards catering to the customers’ needs through CV loans
with easy monthly repayment plans, best suited for customers. Moreover, they
will leverage technology to enhance customer experience.
on this partnership, Rajat Gupta, Head-LCV, Ashok Leyland said, “Ashok Leyland
is delighted to partner with Adani Capital to offer customised financial
solutions to its customers. This association will help Ashok Leyland gain an
edge in the market. Ashok Leyland’s LCV range of products come with advanced
and innovative technology that offer its customers best-in-class mileage,
comfort and load carrying ability. This reduces the total cost of ownership,
thereby providing more profit in their business. Ashok Leyland has embraced
future-ready technology to offer digital platforms and services that are ahead
of the curve, thereby living by its brand promise of ‘Aapki Jeet. HamariJeet’”.
Kelkar, Business Head, Adani Capital said, “In our company, funding to
commercial vehicles is offered through dedicated RMs and a wide network of
branches. We always try to offer customized solutions to the end user along
with attractive commercials, combined with faster TAT. By leveraging the
company’s extensive physical and digital reach, we would be able to offer our
wide range of financial solutions to Ashok Leyland customers and their
Leyland, flagship of the Hinduja group, is the 2nd largest manufacturer of
commercial vehicles in India and the 4th largest manufacturer of buses in the
world. The LCV vertical completes Ashok Leyland’s presence in the Commercial
Vehicle space as a full-fledged CV player, offering customer solutions from 2 T
to 7.5T GVW in the load carrying segment with its DOST, BADA DOST and PARTNER
range and 20 seats to 40 Seats in the passenger carrying segment with its MiTR
range of school and staff buses.