CHENNAI: Hinduja Group flagship
Ashok Leyland
on Tuesday conducted the ground-breaking ceremony to set up a new integrated
commercial vehicle plant
focused on
green mobility
at Kanpur Road, Lucknow. The company has announced that it will invest around Rs 1,000 crore in this facility over the next few years.
The greenfield manufacturing facility will be spread over 70 acre and will be Ashok Leyland’s most modern and green factory worldwide, said the company in a statement. The primary focus shall be on production of electric buses, while also having capability to produce other vehicles powered by alternate fuels.
Once operational, the plant will initially have the capacity to produce 2,500 vehicles per year. Ashok Leyland plans to expand this capacity to 5,000 vehicles annually over the next decade, anticipating the growing demand for electric and other types of vehicles in the coming years. This facility will be Ashok Leyland’s seventh vehicle plant in the country.
Dheeraj Hinduja, executive chairman, Ashok Leyland, said, “We remain committed to driving innovation and setting new benchmarks in the field of green mobility. With this new plant, we are preparing ourselves for the future and take one step further to achieve our net zero emissions goals.”
Shenu Agarwal, MD & CEO, Ashok Leyland said, “This facility will not only address the rising demand for electric vehicles but also play a vital role in the holistic development of the region. Our focus on electric trucks and buses resonates with the evolving landscape of sustainable transportation.”
Ashok Leyland stands to play a pivotal role in Uttar Pradesh’s electric mobility sector, particularly considering the fact that the state has the highest number of registered EVs in India.
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