Ashok Leyland

Kyndryl and Cloudflare Announce Global Strategic Alliance to Drive Enterprise Network Transformation, Multi-Cloud Innovation, and Zero Trust Security

Retrieved on: 
Wednesday, March 20, 2024

Kyndryl and Cloudflare first partnered in May 2023 to modernize enterprise infrastructure with end-to-end services, bringing managed WAN-as-a-Service and Cloudflare Zero Trust to the entire corporate network.

Key Points: 
  • Kyndryl and Cloudflare first partnered in May 2023 to modernize enterprise infrastructure with end-to-end services, bringing managed WAN-as-a-Service and Cloudflare Zero Trust to the entire corporate network.
  • Together, Kyndryl and Cloudflare will guide customers to increase security across the network, enhance performance of business-critical applications, and seamlessly access business data.
  • As testament to the partnership, Cloudflare has helped Kyndryl transform its network services and provide cloud cybersecurity protection, including DDoS mitigation.
  • Our Global Strategic Alliance can support any enterprise now across their entire network stack, regardless of where they stand in their cloud journey.”
    To learn more about the Kyndryl and Cloudflare Global Strategic Alliance, please check out the resources below:

MC to Subscribe Shares in TVS Vehicle Mobility Solution in India

Retrieved on: 
Monday, February 19, 2024

TOKYO, Feb 19, 2024 - (JCN Newswire) - Mitsubishi Corporation (MC) is pleased to announce that it has agreed to subscribe shares (approx.

Key Points: 
  • TOKYO, Feb 19, 2024 - (JCN Newswire) - Mitsubishi Corporation (MC) is pleased to announce that it has agreed to subscribe shares (approx.
  • 32%) in TVS Vehicle Mobility Solution Private Limited (TVS VMS) through the private placement.
  • This latest investment in TVS VMS, one of the largest multi-brand dealers in India, widens MC's investment coverage through enhanced downstream service capabilities.
  • Having inherited TVSM's nationwide network built over time, TVS VMS is one of the leading automotive dealers in India.

Indian Connected Truck Telematics Market: The High-Performing Indian Economy and Strong Government Support will Nurture Commercial Vehicle Telematics and Boost Transformational Growth - ResearchAndMarkets.com

Retrieved on: 
Wednesday, August 16, 2023

The "Growth Opportunities in the Indian Connected Truck Telematics Market" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Growth Opportunities in the Indian Connected Truck Telematics Market" report has been added to ResearchAndMarkets.com's offering.
  • The Indian connected truck telematics market is entering a presumably long growth phase and is already the fastest-growing market worldwide.
  • The Indian commercial vehicle telematics ecosystem has several participants, including telematics service providers (TSPs), original equipment manufacturers (OEMs), telecommunications providers, device manufacturers, IT service providers, and Tier I suppliers.
  • Connected Truck Telematics Market in India, 2023
    Installed Base Forecast and Analysis, India

In a first, Adani to deploy Hydrogen-Powered Trucks

Retrieved on: 
Tuesday, January 17, 2023

This collaboration marks Asia's first planned hydrogen powered mining truck.

Key Points: 
  • This collaboration marks Asia's first planned hydrogen powered mining truck.
  • The demonstration project will be led by AEL, a company focused on both mining operations and developing green hydrogen projects for sourcing, transporting, and building out hydrogen refueling infrastructure.
  • "After signing an MoU with the Adani Group last year, we are eager to move our partnership forward and welcome the chance to cooperate with cutting-edge businesses like Adani," said Randy MacEwen, CEO, Ballard Power Systems.
  • "Ashok Leyland is excited to collaborate with Adani and Ballard to bring out fuel cell commercial vehicles in the mining and logistics sectors in India," said Dr. N. Saravanan, CTO, Ashok Leyland.

Ballard announces project with Adani to develop a hydrogen fuel cell truck for mining & transportation

Retrieved on: 
Tuesday, January 17, 2023

This collaboration marks Asia's first planned hydrogen powered mining truck.

Key Points: 
  • This collaboration marks Asia's first planned hydrogen powered mining truck.
  • The demonstration project will be led by AEL, a company focused on both mining operations and developing green hydrogen projects for sourcing, transporting, and building out hydrogen refueling infrastructure.
  • Ballard, an industry leading PEM fuel cell engine manufacturer, will supply the FCmoveTM fuel cell engine for the hydrogen truck and Ashok Leyland, one of the largest manufacturers of buses in the world, will provide the vehicle platform and technical support.
  • The hydrogen powered mining truck will weigh 55 tons, have three hydrogen tanks, a 200-km working range, and powered by Ballard's 120 kW PEM fuel cell technology.

In a first, Adani to deploy Hydrogen-Powered Trucks

Retrieved on: 
Tuesday, January 17, 2023

This collaboration marks Asia's first planned hydrogen powered mining truck.

Key Points: 
  • This collaboration marks Asia's first planned hydrogen powered mining truck.
  • The demonstration project will be led by AEL, a company focused on both mining operations and developing green hydrogen projects for sourcing, transporting, and building out hydrogen refueling infrastructure.
  • "After signing an MoU with the Adani Group last year, we are eager to move our partnership forward and welcome the chance to cooperate with cutting-edge businesses like Adani," said Randy MacEwen, CEO, Ballard Power Systems.
  • "Ashok Leyland is excited to collaborate with Adani and Ballard to bring out fuel cell commercial vehicles in the mining and logistics sectors in India," said Dr. N. Saravanan, CTO, Ashok Leyland.

Ashok Leyland announces financing tie up in Kenya for vehicle financing, as channel partner Deluxe Trucks and Buses inks agreement with Kenya Commercial Bank

Retrieved on: 
Wednesday, August 3, 2022

Kenya Commercial Bank (KCB) is one of the largest financial institutions in the region offering an array of services.

Key Points: 
  • Kenya Commercial Bank (KCB) is one of the largest financial institutions in the region offering an array of services.
  • Ashok Leyland customers will now be able to access flexible financing options in a deal from Kenya Commercial Bank.
  • Speaking during the event, KCB Bank Director of Corporate Banking, Esther Waititu said, "We are delighted to partner with Deluxe Trucks & Buses, for financing Ashok Leyland products.
  • Ltd is the official authorized Ashok Leyland distributor in the Kenyan market for the full range of Ashok Leyland Trucks and Buses.

Light Commercial Vehicle Global Market Report 2022: Market is Expected to Grow to $911.5 Billion in 2026 at a CAGR of 12.8% - Long-term Forecast to 2031 - ResearchAndMarkets.com

Retrieved on: 
Wednesday, June 8, 2022

The "Light Commercial Vehicle Global Market Report 2022" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Light Commercial Vehicle Global Market Report 2022" report has been added to ResearchAndMarkets.com's offering.
  • The main types in the light commercial market are passenger van, cargo van, pickup trucks, light trucks, minibusses, other types.
  • Trucks carrying the highest gross vehicle weight of 3.5 metric tons and above 15 metric tons could be classified as light commercial vehicles (LCVs).
  • Global Light Commercial Vehicle Market, Segmentation By Vehicle Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

Ashok Leyland expands and strengthens its presence in Southern Africa

Retrieved on: 
Thursday, May 26, 2022

CHENNAI, India, May 26, 2022 /PRNewswire/ -- Ashok Leyland, the flagship Company of the Hinduja Group and India's leading commercial vehicle manufacturer, today announced their new distribution partnership with ETG group's logistics, warehousing and distribution vertical, ETG Logistics (ETGL). ETG is a global conglomerate operating across various segments, with a deep focus on uplifting Sub-Saharan Africa. An agreement was signed between the two companies for cooperation of Distribution of products in the Southern African region. ETGL will operate dealerships for Ashok Leyland in 6 key Southern African countries as part of this strategic cooperation. 

Key Points: 
  • An agreement was signed between the two companies for cooperation of Distribution of products in the Southern African region.
  • ETGL will operate dealerships for Ashok Leyland in 6 key Southern African countries as part of this strategic cooperation.
  • Speaking on the occasion, Mr. Amandeep Singh, Head International Operations, Ashok Leylandsaid, "We have ambitious growth plans for the African Market.
  • Mr. Rajeev Saxena, CEO of ETGL, said, "We are excited to announce our partnership with Ashok Leyland Ltd.

India Prime Power Diesel Genset Market Report 2022: Industry Growth and Demand Forecast to 2030 - ResearchAndMarkets.com

Retrieved on: 
Tuesday, May 3, 2022

The "India Prime Power Diesel Genset Market Report: By Power Rating, Application - Industry Growth and Demand Forecast to 2030" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "India Prime Power Diesel Genset Market Report: By Power Rating, Application - Industry Growth and Demand Forecast to 2030" report has been added to ResearchAndMarkets.com's offering.
  • India's prime power diesel genset market size is predicted to grow to $356.3 million by 2030 from an estimated $143.6 million in 2021, at a 10.6% CAGR.
  • In this regard, a major driver for genset sales in the country is the vast gap between power demand and supply.
  • Uttar Pradesh accounts for the highest Indian prime power diesel genset market sales volume on account of being the most-populated state in the country.