GREATER NOIDA, Feb 3: Hinduja flagship firm Ashok Leyland plans to set up two assembly plants in Africa besides doubling capacity at Ras al-Khaimah facility in the UAE this year as part of its global expansion.
The company, which will unveil a school bus and a commercial vehicle later today at the Auto Expo here, will invest around Rs 100 crore in these overseas commercial vehicles assembly plants.
“We are looking at a couple of smaller assembly plants in Africa. We haven’t identified the location yet. Besides, we are also looking to double the capacity of our Ras al-Khaimah facility,” Ashok Leyland Managing Director Vinod K Dasari told PTI here on the sidelines of the expo.
On investments, he said as these are small facilities the company could invest around Rs 40-50 crore on each.
Elaborating on the UAE plan, he said: “We were doing four units a day, which has been increased to 12. By the end of 2016, we will double it to 24 units a day,” Dasari said. (AGENCIES)
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