Ashok Leyland has announced the setting up of its assembly plant at Dhaka, Bangladesh. Built over a period of 15 months, the plant, spread over an area of 37 acres, is a strategic joint venture between Ashok Leyland and IFAD Autos Limited, Bangladesh. An important market according to Vinod K. Dasari, CEO and MD, Ashok Leyland Ltd., the new plant is expected to enable the Chennai-based company to carve a larger share of the CV market. A part of the company’s vision to strengthen its overseas presence, the Bangladesh facility will have a capacity to roll out 600-800 vehicles each month. Supporting the plant activities will be a bodybuilding and vehicle testing facility. The two are expected to be functional in the next two years. IFAD Autos has been selling Ashok Leyland vehicles in Bangladesh through 12 dealers.