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Ashok Leyland lays foundation for greenfield facility in UP
The Morning Standard
|February 22, 2024
ASHOK LEYLAND has work on setting up a new integrated commercial vehicle plant focused on green mobility in Uttar Pradesh.
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The greenfield manufacturing facility will be spread over 70 acres. Once operational, the plant will initially have the capacity to produce 2,500 vehicles a year, the company said in exchange filings on Tuesday. It plans to expand this capacity to 5,000 units annually over the next decade, anticipating the growing demand for electric and other types of vehicles.
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