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India: Hinduja group forms company for defence business

The Hinduja group has formed a separate company to capitalise on the growing global demand for defence products. This company is called Ashley Defence Systems. The group holds 60% of this new company, while its flagship company Ashok Leyland, a commercial vehicles manufacturer based in India, holds the remaining stake, The It’s time to log … Continued

The Hinduja group has formed a separate company to capitalise on the growing global demand for defence products. This company is called Ashley Defence Systems.

The group holds 60% of this new company, while its flagship company Ashok Leyland, a commercial vehicles manufacturer based in India, holds the remaining stake, The

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