Ashok Leyland sells Defiance Testing & Engineering Services
Chennai, October 1, 2013: Ashok Leyland has announced the sale of Defiance Testing & Engineering Services (DTE) to Exova, one of the world’s leading providers of testing, calibration and advisory services.
Defiance Testing and Engineering, located near Detroit, USA, had been acquired by Ashok Leyland in 2007.DTE provides testing and engineering services to manufacturers and leading suppliers in the passenger car, light truck, bus and military vehicle sectors. Its range of capabilities also includes component and system testing, fatigue and durability validation, system simulation, and full vehicle structural testing.
Commenting on the sale of DTE, Dr V Sumantran, vice- chairman, Ashok Leyland, said: “It is reflective of Ashok Leyland’s dynamic shift in strategic priorities aimed at enhancing the value of its business in the medium term.”
Ashok Leyland’s separate entity focused on information technology and engineering services (Defiance Technologies Ltd) remains unaffected by this transaction.
RELATED ARTICLES
Inside JK Tyre’s Growth Bet
With capacity constraints limiting export growth, JK Tyre is adding passenger-car and truck radial capacity while pushin...
The De-Risking Playbook: Inside Gestamp’s Aggressive OEM Diversification in India
The Spanish tier-one opens a Rs 523.7-crore facility in Gujarat, seeking to insulate itself from customer concentration ...
Built for 30,000, Running at 6,000: Godrej's New Forklift Plant is Waiting for India to Catch Up
The 63-year-old business has moved almost all production to a new plant and is already engineering sodium-ion batteries ...


01 Oct 2013

Shahkar Abidi