Ashok Leyland Secures ₹184 Crore Order for Diesel Chassis and Fully Built Buses

Ashok Leyland, a leading Indian commercial vehicle manufacturer and part of the Hinduja Group, has announced a noteworthy order acquisition from the Tamil Nadu State Transport Corporation (TNSTC). This new deal reflects the company’s steady momentum in the public mobility sector and highlights its capability to support large-scale infrastructure needs through reliable and emission-compliant transport solutions.

Order Details and Project Scope

Under the agreement, Ashok Leyland is tasked with supplying 543 BSVI diesel chassis and fully built buses. This contract, valued at approximately ₹183.80 crore, has been awarded following a standard domestic tender process. The company has confirmed that the order does not involve any related party transactions or adverse terms and complies with standard business practices.

The project execution period spans from June 2025 to December 2025. It represents a purely domestic engagement, both in terms of the awarding authority and the delivery destination, and further demonstrates the company's robust infrastructure and manufacturing capacity.

Impact on Public Transport Development

This order stands to benefit Tamil Nadu’s public transport system significantly. The deployment of BSVI-compliant buses is expected to modernise the fleet, reduce emissions, and enhance passenger comfort and safety. For Ashok Leyland, the contract strengthens its role in supporting sustainable mobility solutions at the state level, reinforcing its commitment to cleaner and efficient transport technologies.

Moreover, such collaborations between government bodies and established vehicle manufacturers continue to be instrumental in transforming India’s public transportation landscape.

Read More: Ashok Leyland Q4 FY25 Earnings Results!

Ashok Leyland Share Performance 

As of June 04, 2025, at 9:30 AM, Ashok Leyland share price is trading at ₹236.82 per share, reflecting a surge of 0.30% from the previous closing price. Over the past month, the stock has surged by 5.63%.

Conclusion

The recent contract from TNSTC marks a significant win for Ashok Leyland, both in terms of financial value and strategic importance. With execution scheduled across the latter half of 2025, the company is well-positioned to deliver on its promises while contributing meaningfully to Tamil Nadu’s transport infrastructure upgrade.

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