September 11, 2023
3 min

Ashok Leyland to acquire OHM India with an investment of ₹300 crore - Urban Transport News

Ashok Leyland, the Hinduja Group's flagship company, plans to fully acquire OHM Global Mobility Pvt Ltd and invest Rs 300 crore into the company. The acquisition aligns with Ashok Leyland's electric vehicle strategy and aims to enter the e-Mobility as a Service market. OHM India, a subsidiary of OHM International Mobility Ltd UK, will be wholly acquired by Ashok Leyland. This move supports the company's goals in the electric mobility sector and demonstrates their commitment to sustainable transportation solutions.

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Adhikansh Gupta
Content Manager

Writer and editor who covers the latest trends and innovations in the software-as-a-service (SaaS) industry