Kolkata, April 18 : Ashok Leyland, the flagship Company of the Hinduja Group and India’s leading commercial vehicle manufacturer, on Monday signed an MOU with Mahindra First Choice Wheels Ltd (MFCWL) to launch an exclusive hybrid ecosystem for its used commercial vehicle business. The phygital platform will facilitate an exchange and proper disposal and purchase of old commercial vehicles. With the entry into this segment, the commercial vehicles maker aims to streamline the used vehicle market by leveraging its digital ecosystem, its existing and potential channel partners for physical interactions in over 700 parking yards spread across the country, and other advanced technologies, the two companies said in a media release. SJC KK ARN