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IIMB Management Review

Document Type

Interview

Abstract

R Seshasayee is the Managing Director of Ashok Leyland and has been part of the core team that directed the company’s expansion programmes right from the 70’s. A chartered accountant, Seshasayee has been on the National Council of Confederation of Indian Industries for over a decade, has served on several professional committees such as the Accounting Standards Board and the research committees of the Institute of Chartered Accountants, and has been a director on the boards of several public limited companies, including ICICI. Ashok Leyland is a leading manufacturer of commercial vehicles and diesel engines. With an employee strength of over 14,000 and an annual production of over 45,000 vehicles, its sales turnover was Rs 20.2 billion for the year 1997-98. In 1987, the principal overseas shareholding of the company was taken over by the Hinduja group along with IVECO, the second largest manufacturer of commercial vehicles in Europe and a fully owned subsidiary of FIAT. Seshasayee spoke to Janat Shah on the nature of the commercial vehicles industry in India and the challenges the industry faces post liberalisation and introspected on his own role at the helm of Ashok Leyland.

Publication Date

3-1-1999

First Page

25

Last Page

37

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