Top News

|  Volvo Auto India to hike prices by up to 2% from April  |    |  CSL to raise INR 1,400-1,500 cr through IPO  |    |  PNC Infratech wins INR 2,720-cr highway projects from NHAI  |    |  Damietta port throughput in January increases 31% to 87,800 TEU  |    |  Global container traffic up 4% in Q4 2016, Port Klang growth leads top 20  |    |  Pawan Hans to start Dilli Darshan chopper rides at INR 2,500  |    |  Port of Virginia is gearing up to handle 13,000-TEU plus ships  |    |  Govt. approves INR 2,029 cr project for JNPT channel expansion  |    |  SpiceJet to fly Kolkata-Dhaka daily  |    |  Dilip Buildcon declared successful bidder for INR 3,269 cr road projects  |    |  Ashok Leyland eyes stronger presence in logistics industry  |    |  APL to launch new CS5 to boost intra-Asia service network  |    |  Ethiopian Airlines adds Ahmedabad to its air cargo services  |    |  IWAI raises INR 340 cr through infrastructure bonds  |    |  Rail freight corridor may lead to lower bidding for road projects  |    |  Move to hike Vallarpadam handling charges opposed  |    |  AirAsia India announces two new routes  |    |  UK port volumes drop 3% in 2016 to total 473.5 mt  |    |  Air India to launch direct flight from Amritsar to Birmingham  |    |  BlackBuck raises nearly INR 476 cr from Sands Capital and existing investors  |   
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