UPDATE 1-India's Ashok Leyland to expand capacity

Newswire

(Adds details, background) NEW DELHI, Jan 19 (Reuters) - Ashok Leyland Ltd, India's second-biggest truck maker, will spend 3.9 billion rupees ($86 million) to expand capacity and on new facilities to build cabins and engines, adding it could raise the funds through new equity. Ashok Leyland managing director R. Seshasayee told a news conference on Monday the company would spend 1.4 billion rupees to increase vehicle capacity to 67,000 units a year from 50,000 and its engine capacity to ...

Premium Content (PAID Subscription Required)

"UPDATE 1-India's Ashok Leyland to expand capacity" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!


For WardsAuto.com pricing and subscription information please contact
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622
 

Current subscribers, please login or CLICK for support information.

Already registered? here.

Sponsored Introduction Continue on to (or wait seconds) ×