CapEx News

Ashok Leyland to invest up to Rs. 500 crore in EV battery pack plant near Chennai

Automotive Industries Mar 13,2026

Ashok Leyland has broken ground for a ₹500 crore greenfield battery pack manufacturing facility at Pillaipakkam, near Chennai. Part of a larger Hinduja Group investment, the plant will produce advan

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Ashok Leyland inaugurates greenfield clean mobility plant in Lucknow

Automotive Industries Jan 12,2026

Ashok Leyland has opened a greenfield plant in Lucknow to produce electric and alternative-fuel commercial vehicles. The facility, with modular production lines, supports emission compliance, evolving

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CEAT's expansion at Chennai plant to grow its truck, bus radial segment

Automotive Industries Sep 13,2024

Tyre manufacturer CEAT is expanding its truck and bus radial (TBR) tyre production at its Chennai plant with a Rs 670 crore investment. The new TBR line will produce 1,500 tyres per day and create 500

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Super 30’ to speed up industrial development of Lucknow division

Manufacturing 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

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Top official from Ashok Leyland outlines future objectives

Automotive Industries 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

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Ashok Leyland to invest Rs 1,200 crore in Tamil Nadu

Automotive Industries 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

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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

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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

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