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Ashok Leyland plans to set up a facility in Jharkhand: Report

20 Mar 2017 Evaluate

Ashok Leyland is reportedly planning to invest around Rs 500 crore to set up a new facility in Jharkhand. The company wants to set up small facilities for assembling the vehicles in various parts of the country and the plant in Jharkhand are a part of this plan.

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 428.15
Ashok Leyland 149.35
Force Motors 16950.00
Olectra Greentech 1083.65
SML Mahindra 6087.35
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