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.