Hinduja Group flagship Ashok Leyland has announced a partnership with Adani Capital to offer customised financial solutions for its customers in the small and light commercial vehicle segments. The Light Commercial Vehicle business of Ashok Leyland has signed an MoU with Adani Capital to enter into a strategic partnership for a range of LCVs.
“The 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 segments,” a company statement said here.
Ashok Leyland, Head-LCV, Rajat Gupta 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,”
He added, “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”.
Adani Capital said it would also work towards catering to the customers’ needs through commercial vehicle loans with easy monthly repayment plans, suited for customers.
Adani Capital Business Head, Saibaba Kelkar said, “In our company, funding for commercial vehicles is offered through a wide network of branches. We always try to offer customised solutions to the end user along with attractive commercials, combined with faster Turnaround Time,”
“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 dealers,” he added.
Ashok Leyland offers solutions from 2 tonne to 7.5 tonne 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, the statement added.