Ashok Leyland to set up auto manufacturing unit in Pant Nagar, Uttaranchal | INRnews
“This unit will strengthen our presence in Northern India which already contributes nearly a quarter of our sales. The development of Uttaranchal as an auto hub made our selection easier” said Mr R Seshasayee, Managing Director, explaining the rationale for selecting the site. The investments will enjoy excise duty exemption and income tax exemption / concession for five / ten years.
Eight out of ten metro state transport buses in India are from Ashok Leyland. At 70 million passengers a day, Ashok Leyland buses carry more people than the entire Indian rail network. Ashok Leyland offers a wide range of products from 18-seater to 82-seater double decker buses, from 7.5 tonne to 49 tonne in haulage vehicles, from numerous special application vehicles to diesel engines for industrial, marine and genset applications. For over five decades, Ashok Leyland has been the technology leader in India's Commercial vehicle industry, moulding the country's commercial vehicle profile by introducing technologies and product ideas that have gone on to become industry norms.
By INRnews Correspondent
Next Articles
« Investor perception and risk management in retail real estate | INRnews | Home | Amtex Systems Opens Global Development Center in Delhi | INRnews »