Ashok Leyland, Asian Paints, Usha International

ASHOK LEYLAND Emphasis on Efficiency The Hinduja group flagship, Ashok Leyland (ALL), with Iveco holding 51 per cent equity through a London-based company, Land Rover Leyland International Holdings (LRLIH), posted an impressive performance in the year to March 31, 2000. ALL cashed in on the recovery in demand for medium/heavy duty vehicles fired by the recovery in the industrial sector after two years of slow down to push sales volume by 27 per cent as against 34 per cent for the industry. It has six manufacturing locations but has no plans to increase capacity from 50,000 to one lakh vehicles as of now.