Skip to main content

MoneyWorks4Me

Ashok Leyland plans to set up manufacturing facilities in Andhra Pradesh, Telangana: Report

12 Oct 2016 Evaluate

Ashok Leyland, one of India's premier commercial vehicles manufacturers, in order to expand its manufacturing base into the neighbouring states, is reportedly planning to set up new manufacturing facilities in Andhra Pradesh and Telangana. The company is expanding its manufacturing base into other states to cut down its freight and logistics cost, besides to address inventory related issues and demand.

Ashok Leyland, the Hinduja Group flagship company in India, is engaged in the manufacturing of commercial vehicles and related components. The company’s products include buses, trucks, engines, defense and special vehicles.

Peers
Company Name CMP
Tata Motors 396.25
Ashok Leyland 145.00
Force Motors 17370.00
Olectra Greentech 951.15
SML Mahindra 4717.95
View more..