Not looking at collaboration on cars, clarifies Hinduja

: Hinduja group flagship Ashok Leyland Friday clarified it was not holding any discussion with US-based electric vehicle major Tesla for a possible tie-up.

Dheeraj Hinduja, a third generation member of the UK-based Hinduja family and Ashok Leyland chairman, was responding to a query on some media reports that the heavy commercial vehicle major has invited Tesla for a partnership to help the company set foot in India.

While declaring Ashok Leyland's financial performance for FY 2018-19, Hinduja denied the reports and said they were not looking at collaborations on cars.

"I have said many times. We really are not looking at any collaboration on cars. That is not an area we are focused upon. Nor has Tesla been in touch with us. Just clarifying on that," he said.

He said the electric vehicle business was a new sector and the technology was evolving fast.

"We are happy to have discussions with people who have been in this sector and have better knowledge in this sector," he .