He founded the third largest bus company in the world. Raghunandan Saran founded Ashok Motor named after his only son, in 1948. it started with assembling & manufacturing Austin cars. He realised that the market in indian vehicles lay in trucks and buses, to serve the public and not cars that served only a few. Saran was contemplating the manufacture of chassis for motorised public transport and later forged an alliance with British Leyland. British Leyland joined in 1954 then Ashok Motor was renamed as Ashok Leyland and commercial vehicle started to roll out. The coloration ended in 1975. In 1987 the Company was taken over by the join venture between Hinduja Group NRI Group and dial group. In 2007 the Hinduja became 51 % Stakeholder. In 1997 the Company launched first CNG bus and developed the first hybrid vehicle in 2002 it Lauch india first electric bus in 2016. Today Ashok Leyland is ▪️2nd largest manufacturer of commercial vehicle in India. ▪️3rd largest...
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