Orient financial services ties up with Ashok Leyland

ORIENT Financial Services Corporation Ltd (OFSCL) one of the youngest financial services company specialised in leasing and has made vast strides and progressed during its comparatively short time since its operations has tied up with Ashok Leyland.

A public limited liability company, registered under the Finance Leasing Act - with an authorised capital of Rs. 500 million and an issued and paid up capital of Rs. 125 million, the company's major shareholder is United Motors Lanka Ltd which in turn is a part of the Readywear Industries Group.

OFSCL's principal line of activity is Vehicle Leasing and within its short period and existence, it has already established its first branch in Kochchikade in line with its marketing strategy of establishing its own sales offices in strategically identified locations.

Orient Leasing's performance in the leasing of heavy vehicles such as trucks, has enabled it to establish a close liaison with one of India's leading manufacturers and suppliers of trucks, Ashok Leyland Limited.

This relationship has now progressed to one that gives Orient Financial Services Corporation Ltd the opportunity of an exclusive arrangement of handling the Tusker trucks manufactured by Ashok Leyland.

The Ashok Leyland Tusker trucks are one of the most popular vehicles in this country and OFSCL is now positioned to further increase the market share of model.

One of the significant contributors to OFSCL's success is its innovativeness, It prides itself in offering customers benefits which are unique. - (AGP)