New Delhi, Nov 15 (UNI) Hinduja Group firm Ashok Leyland today introduced a new 49-tonne heavy commercial vehicle (HCV), 4921TT, priced at Rs 19.75 lakh.
''We are targeting to sell nearly 1,000 units of 4921TT in the 49-tonne HCVs segment,'' company's Chief Operating Officer Vinod K Dasari told reporters here.
He said the market for 49-tonne HCVs is growing and is expected to reach 2,000 units by March 2008.
The company has sold 37,000 units, including exports, in the first half of this year and expects to sell nearly 40,000 units in the second half, he said.
The country's second biggest bus and truck firm's capacity in FY07 stood at 84,000 vehicles per annum. By June 2008, the Ennore facility will add 50,000 vehicles per annum and by September 2009, its Uttarakhand facility is also expected to add 50,000 units per annum. This will take the company's total capacity to 1,84,000 units annually over the next three years.