Top News

|  Punj Lloyd wins orders worth INR 348 cr from Adani, MbPT  |    |  China to run 1,000 freight trains to Europe in 2017  |    |  India’s first dedicated heliport to open in Delhi  |    |  India to link Kathmandu to Delhi and Kolkata by rail  |    |  South Carolina box volume rises 28% in January to 185,018 TEU  |    |  1st cargo ship from India arrives in Bangladesh  |    |  CSP January throughput rises 7% to 8.38 m TEU  |    |  Korea Shipping to buy 10 HMM box ships as part of USD 633.7m prop up  |    |  Asia-Europe rate falls 6% to USD 858 TEU, off 3.7% to Med ports  |    |  Delhi-bound Kalindi Express collides with cargo train at Tundla  |    |  NITI Aayog reviews high speed rail project  |    |  Vistara extends INR 899 sale offer  |    |  Container volume at Hamina-Kotka port rises 13.5% in January  |    |  Railways freight customers may get fixed rate contracts  |    |  Bahri signs contract to provide Logistics services to SAR  |    |  HAL bags IAI orders  |    |  Chardham highway project will be completed by 2018  |    |  Reliance shipyard in Pipavav to repair US Navy vessels  |    |  Air India Express starts Delhi-Dhaka flight  |    |  Singapore Airlines to start fourth flight from Ahmedabad  |   
You are here: Home » National News » Roadways» Ashok Leyland opens new assembly plant in Dhaka

Ashok Leyland opens new assembly plant in Dhaka

03 February 2017 | Chennai
 

transreproter

Ashok Leyland strengthened its overseas presence by opening a new assembly plant in Dhaka in joint collaboration/tie-up with IFAD Autos Limited, Bangladesh. Built over a period of 15 months, the plant is spread over an area of 37 acres.

A company said in a statement, It has a capacity to roll out 600-800 all range of vehicles per month.

Company sources said that IFAD Autos will be investing INR 75 crore, while the investment details of Ashok Leyland was not made public.

The plant is equipped with state-of-the-art manufacturing equipment and assembly lines. It will also be facilitated with a body building and vehicle testing facility which will become functional in the next two years. In addition, a canteen and dormitory/ rooms for workers and employees to stay will ensure the well-being of the team, the statement said.

Vinod K. Dasari, Chief Executive Officer and Managing Director, Ashok Leyland said: “With a comprehensive product portfolio, Ashok Leyland is working towards a renewed thrust in the international markets with network expansion and dedicated products. Bangladesh is an important market for Ashok Leyland. With the inauguration of this new plant, together with the robust presence of IFAD Autos, we expect to make significant inroads into this region.”

“Bangladesh is a country that is developing very quickly. In such a scenario, Ashok Leyland vehicles will prove to be a boon for the country’s infrastructure. We look forward to forging a strong relationship with Ashok Leyland, as we have done in the past,” said Taskeen Ahmed, Managing Director IFAD Autos Limited.

   
Transreproter Logo