Hinduja Group’s Ashok Leyland inaugurates electric vehicle plant in Lucknow
Ashok Leyland Chairman Dheeraj Hinduja said that the plant was completed in record time, thanks to the support and administrative efficiency of the Yogi government.
Ashok Leyland Chairman Dheeraj Hinduja said that the plant was completed in record time, thanks to the support and administrative efficiency of the Yogi government.
He said, "This thinking, this hard work, and this path is what makes a country strong, and this is the path our government is following today."
Commercial vehicles major's 7,961 units were sold in the domestic market.
In November 2014, Ashok Leyland had sold 38 percent stake in Hinduja Tech (HTL) to Nissan International Holdings BV,.
Before joining Hinduja Group, Palmer has led transformations at two of the global vehicle brands, Nissan and Aston Martin.
The company had sold a total of 13,626 units in the domestic and export markets in April 2019.
Ashok Leyland said it is difficult for the industry to reboot even in a phased manner due to disruptions in supply chain.
Hinduja said LCV's share in achieving that target will also be major.
Ashok Leyland Ltd is currently trading at Rs 87.45 low by Rs1.95 or 2.18 per cent from its previous closing of Rs 89.4 on the BSE.
According to reports, Ennore plant in Chennai will have 16 non-working days, Hosur 1, 2 and CPPS five days, Alwar and Bhandara Maharashtra 10 days and Pantnagar UP will have 18 non-working days.
