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India: Ashok Leyland to invest Rs23bn over 3 years

Indian commercial vehicle manufacturer Ashok Leyland is considering investment to the tune of Rs23bn (US$486.26m) over the next three years. This investment plan is spread over two phases. Press Trust of India, citing Hinduja Automotive executive vice chairman V Sumantran, said investment in the first phase would total Rs11bn to Rs12bn. It’s time to log … Continued

Indian commercial vehicle manufacturer Ashok Leyland is considering investment to the tune of Rs23bn (US$486.26m) over the next three years. This investment plan is spread over two phases.

Press Trust of India, citing Hinduja Automotive executive vice chairman V Sumantran, said investment in the first phase would total Rs11bn to Rs12bn.

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