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.
Source: Link