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[Read More…]
Anuj Kathuria, President, Global Trucks, Ashok Leyland Ltd. Interview by: Ashish Bhatia Q. After acquiring the Nissan stake, what is the strategy going forward? A. Information about Nissan and other joint ventures is out in the public domain. As far as our global business of trucks and buses is concerned, we have now started an international office at Dubai. It will be[Read More…]
Ashok Leyland Ltd. has announced the completion of acquisition formalities of Nissan Motor Co. Ltd.’s stake in each of the three joint ventures (JVs) formed between the two companies, namely Ashok Leyland Nissan-Vehicles Limited, Nissan-Ashok Leyland Powertrain Limited and Nissan-Ashok Leyland Technologies Limited. In September 2016, Ashok Leyland and Nissan reached an arrangement under which Nissan would transfer its ownership[Read More…]
Ashok Leyland has introduced an electric bus, developed indigneously for the Indian mass market. Story by: Anirudh Raheja In a country where mass transit is by means of 1,50,000 diesel-run buses, often accused of attributing carbon dioxide and smog, Ashok Leyland has unveiled a new electric bus called the Circuit. Adding to the efforts of reducing global warming, the Circuit[Read More…]
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