Telangana and Ashok Leyland Signs MoU to Setup Body Building Unit (Download PDF)

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Telangana government and Ashok Leyland Commercial vehicle manufacturer signed a memorandum of understanding to set up a vehicle body building unit in Telangana at an estimated cost of Rs 500 crore.

Vinod K. Dasari, MD of Ashok Leyland and Shanti Kumari, Principal Secretary in the Chief Minister’s Office signed the MoU in the presence of Chief Minister K. Chandrasekhar Rao.

Key Facts

  • Completed in phases; the plant will open up opportunities for employing over 1,000 people.
  • Telangana Government will give preference to the local manufacturing units or their counterparts in other States for supply of vehicles to Telangana State Road Transport Corporation and other State public sector activities.
  • The GHMC will also place orders for its vehicles with local manufacturing units.
  • Telangana transport and RTC officials will support Ashok Leyland for developing mass transport system in the State.
  • This will be the major step to strengthen auto industry in Telangana.

Background:

  • The decision to setup body building unit at Telangana, was taken after the state requested Ashok Leyland Managing Director Vinod Dasari to invest in the state.

 About Ashok Leyland:

Logo of Ashok Leyland

Logo of Ashok Leyland

Logo of Ashok Leyland

  • Ashok Leyland is an Indian automobile manufacturing company.
  • Founded on 7th September 1948 at Chennai, Tamil Nadu.
Location of Ashok Leyland Headquarter

Location of Ashok Leyland Headquarter

Location of Ashok Leyland Headquarter

  • Currently it is the 2nd largest commercial vehicle manufacturer in India, 4th largest manufacturer of buses in the world and 16th largest manufacturer of trucks.
  • Ashok Leyland also manufactures spare parts and engines for industrial and marine applications.
  • Currently it is selling 60,000 vehicles and about 7,000 engines per year.

- Published/Last Modified on: October 11, 2016

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