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Ashok Leyland’s unit finalises site in Spain for setting up manufacturing and technology centre

28 Jan 2022 Evaluate

Switch Mobility, a unit of Ashok Leyland, has finalised a site in Spain for setting up a manufacturing and technology centre. The company plans to utilise the greenfield site in the Soto de Medinilla area of Valladolid to roll out electric buses and light commercial vehicles.

An investment of 100 million euros is planned over the next decade on the centre which would be able to create 7,000 direct and indirect jobs in the region.

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.

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Company Name CMP
Tata Motors 400.30
Ashok Leyland 145.15
Force Motors 16859.00
Olectra Greentech 977.15
SML Mahindra 4846.55
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