Ashok Leyland Ltd and Hino Motors Ltd. Japan have entered
into a Mutual Cooperation Agreement (MCA) where Ashok Leyland will utilise
Hino’s engine technology for Ashok Leyland’s Euro-VI development and will
support in development of Hino’s engine parts purchasing in India for global
Hino and Ashok Leyland have had a cooperative agreement
for engine production in India since 1986. By this mutual cooperation
agreement, both companies will leverage each other’s strengths in diesel
engines to enhance their competitiveness.
Ashok Leyland will enhance its competitiveness by jointly
developing engines for BS-VI compliance in India through the engine technology
of Hino Motors. Hino Motors will promote engine parts development in India by
utilising Ashok Leyland in India to strengthen Hino’s competitiveness.
Vinod K. Dasari, Managing Director & CEO of Ashok
Leyland said in a statement, “We believe in long term partnerships, and have
great respect for Hino Motors. This cooperation between our companies would be
mutually beneficial and enable both of us to produce globally competitive
. Yoshio Shimo, President & CEO of Hino Motors stated,
“We believe this cooperation with Ashok Leyland takes advantage of the
strengths that the two companies have cultivated. Hino will enhance its global competitiveness
by utilizing Ashok Leyland's parts procurement capabilities in India.”
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