HLFLHigh Level Firewall Language
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CRISIL has also factored in the capital requirements for Ashok Leyland's captive financing arm, Hinduja Leyland Finance Ltd (HLFL), a non-banking financial company.
CRISIL believes that the healthy growth in Ashok Leyland's sales volumes will be driven by product launches under the U-truck platform, financing support from HLFL, commencement of operations at the Uttarkhand plant translating into an increase in market share in northern India, and the strong traction in the southern Indian market where Ashok Leyland commands a leading market position.