New Delhi, Jan 18 (Agencies): Ashok Leyland, a Hinduja flagship firm, on Tuesday said it has bagged fresh orders from VRL Logistics worth Rs 172 crore.

The fresh order includes 200 numbers of car carriers on the 'U-3518', 12 units of 'U-4923' truck and 50 units of company's 12-meter buses in addition to the 600 vehicles ordered a month ago. The cumulative value of the order is pegged at over Rs 172 crore, the company said in a statement.

Commenting on the development, Ashok Leyland Managing Director R Seshasayee, said,"The U-3518 is built on the new, innovative U-Truck platform and is one more example of a product designed to meet the specific load carrying requirements of VRL Logistics, who are India's leading logistics company."

Earlier, VRL had placed orders for 500 units of '3123' Multi-axle vehicles and 100 12-meter buses.

"The rise in demand for fully-built vehicles in the Indian automotive industry is a positive sign and I am happy to note that this order also features a requirement for 40 fully-built, ready-to-use vehicles," Seshasayee added.

VRL Logistics Chairman Vijay Sankeshwar said the company is into a high-growth mode and hence is substantially expanding its fleet.

"We are entering new, high-potential growth segments like car-carriers and at the same time consolidating our position in areas like the passenger segment," he said.

VRL has grown from a single truck company in 1976 to a leading logistics enterprise with a fleet of 2,691 vehicles, employing over 12,000 people and operations spread across 911 branches covering 2,629 locations in India.