Ashok Leyland, the country''s second-biggest maker
of buses and trucks, will start manufacturing buses at
its Rs50-crore Dubai plant by February next year.
plant is pretty much on target and we will commence production
of bus bodies and semi knockdown vehicles (SKD) by February
2008," R Sashasayee, managing director, Ashok Leyland,
said on the sidelines of SIAM convention.
said the plant, with an initial production capacity of
2,000 buses, would subsequently be upgraded in terms of
integration and number of units.
Ashok Leyland and Japan''s Nissan Motors had announced
the setting up of three joint ventures to strengthen their
light commercial vehicle business. (See: Nissan,
Ashok Leyland in wide-ranging LCV joint ventures)
the joint venture two plants would be set up, with Ashok
Leyland having a majority stake in one and Nissan being
major shareholder in the other.
said the joint venture would manufacture light commercial
vehicles (LCVs) in the range of 1-6 tonnes. He, however,
declined to comment on the location of the plants, investment
and product details.
Leyland, he said, is open to acquisitions and alliances
in medium and heavy truck sectors.
are open to acquisitions and alliances in MCV (medium
commercial vehicles) and HCV (heavy commercial vehicles).
Nothing further in LCV though," reports quoted him