CapEx News

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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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

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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.

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