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ashok leyland News  -   CapEx News

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ashok leyland News & Updates - July 3, 2024

Super 30’ to speed up industrial development of Lucknow division
Automotive Industries   -  Mar 14,2024
Lucknow division introduces 'Super 30' development projects across six districts, aiming to generate 21,650 job opportunities in Uttar Pradesh. These projects, launched recently, stem from i .

Top official from Ashok Leyland outlines future objectives
Manufacturing   -  Feb 20,2024
Ashok Leyland aims to become a top 10 global commercial vehicle manufacturer and achieve net-zero emissions by 2048. Their growth strategy includes expansion into global markets and the electric vehic .

Ashok Leyland to invest Rs 1,200 crore in Tamil Nadu
Infrastructure   -  Jan 09,2024
Ashok Leyland allocates a Rs 1,200 crore capex in Tamil Nadu for business expansion over the next three to five years. The Managing Director and CEO, Shenu Agarwal, signed an MoU with the Industries D .

Ashok Leyland to invest Rs 186 crore to set up manufacturing unit for electric commercial vehicles
Manufacturing   -  Dec 29,2023
Ashok Leyland is set to invest Rs 186 crore in establishing an electric commercial vehicle manufacturing unit in Lucknow's Sarojininagar Industrial Area, utilizing the subsidy under Uttar Pradesh .

Ashok Leyland to invest Rs 1,200 crore into switch Infusion
Manufacturing   -  Nov 10,2023
Ashok Leyland's Board approved a Rs. 1,200 crore equity investment in Switch Mobility through its parent company, Optare PLC UK. The funds will support R&D, capital expenditures, and operational .

Ashok Leyland, UP govt ink MoU to establish greenfield bus plant in state
Automotive Industries   -  Sep 16,2023
Ashok Leyland has entered into a partnership with the government of Uttar Pradesh to establish an integrated commercial vehicle bus facility with a focus on green mobility. The memorandum of understan .

Daimler India plans to manufacture E-buses, hydrogen trucks
Automotive Industries   -  Aug 09,2023
Daimler India Commercial Cars (DICV) is reportedly considering entering the Indian market with electric buses and hydrogen trucks, aligning with India's transition towards zero-emission vehicles. .