New Delhi:
Commercial vehicle major Ashok Leyland has made a few changes in the leadership team of its key M&HCV and LCV business units. Sanjay Saraswat took over the reins of the OEM’s M&HCV business from COO Anuj Kathuria beginning this month. Saraswat, who was earlier heading the bus business, will also be responsible for the company’s aftermarket and driver training institute verticals.Saraswat had moved to Ashok Leyland four years ago, after a long stint at Bajaj Auto. His predecessor Kathuria will now be in charge of the company’s manufacturing operations in the role of COO — manufacturing and supply chain. P Harihar, who was heading Ashok Leyland’s manufacturing operations, has retired.
On the LCV business side, Rajat Gupta took over as head of the business after its COO Nitin Seth left the company in September. It is learnt that both Gupta and Saraswat are leading their respective verticals as ‘head’, not as ‘COO’ yet. Sanjeev Kumar, who has been heading Ashok Leyland’s aftermarket business, will now be the head of sales and marketing for M&HCVs.
The new appointees will have the responsibility to ensure a sustainable growth for their respective verticals in the post-pandemic industry, and fuel the OEM’s move towards reaching its stated goal to be among the world’s top 10 CV makers.
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The Chennai-based truck maker has clear plans to launch trucks in the intermediate commercial vehicle segments powered by compressed natural gas (CNG) for the domestic market in the fourth quarter of fiscal 2021-22. The company is also continuing its works on hydrogen-powered commercial vehicles, and is open to bringing in private equity players to invest in EV business, top officials of the company said during a post-earnings media call on Tuesday.
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