Ashok Leyland to be renamed as Hinduja Leyland? Ashok Leyland to be renamed Hinduja Leyland
Swati Anand & Nandini Sengupta, TNN, Mar 12, 2011, 04.54am IST
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Ashok Leyland
CHENNAI: Hinduja Group company Ashok Leyland (AL) is in the process of going through a major branding exercise which will include a change in its logo, name as well as category segmentation. Sources in the marketing circuit and the company said that the exercise is part of the larger Hinduja Group corporate branding exercise which is underway.
London-based firm Wolff Olins is said to be working on the rebranding and category segmentation exercise for Ashok Leyland. When contacted, a company spokesperson sent an email reply saying: "There is a brand exercise afoot but at present the project is at too nascent astage to offer any comments."
shok Leyland is segmenting and branding the different product categories it will house thanks to its tie-up with Nissan and other global alliances. A source said Ashok Leyland will get a new identity as part of the group rebranding exercise which will give all companies in the Hinduja Group a common brand profile and will result in Ashok Leyland being rechristened Hinduja Leyland.
Wolff Olins has been assigned the job of rebranding the company to put it in the same league as that of its global alliance partners. The company is likely to bring in a fresh team of designers from across the globe for this exercise.
"A complete overhaul for the brand could not have happened at a better time. The commercial vehicles space is becoming like the car market, with all major global players vying for the Indian consumer . So Ashok Leyland has to rethink its positioning in the market," says Prathish Nair, director (brand strategy and client development) at Trancend Brand Consulting.
"Vehicles today need to go beyond being sturdy and reliable— they have to be sleeker , faster and more fuel efficient . Driver comfort is another ignored area that MNCs are leading the way in." Source : TOI |