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Ashok Leyland enters strategic financing and training partnerships
Ashok Leyland, a leading Indian commercial vehicle manufacturer, has entered into two significant strategic partnerships to expand its service offerings and support the transportation sector.
In a partnership with UCO Bank, the company has signed a Memorandum of Understanding (MoU) to provide customized vehicle financing solutions. This collaboration aims to offer customers flexible and accessible loan options for the purchase of Ashok Leyland trucks and buses, intended to enhance customer convenience and market accessibility.
Additionally, Ashok Leyland has signed an MoU with the Government of Haryana to establish an Institute of Driving Training & Research (IDTR) in Ambala. Spanning approximately 13 acres, the institute will provide professional training for both Heavy Motor Vehicle (HMV) and Light Motor Vehicle (LMV) drivers. The facility will focus on road safety, modern vehicle-handling skills, and specialized courses for hazardous-material drivers to support the logistics and transportation workforce.