Ashok Leyland is setting up bus assembly plant in Kenya
Date: Jul 17 , 2016
NEW DELHI: As a part of its global expansion plans. Hinduja Group flagship Ashok Leyland will be setting up a bus assembly plant in Kenya with an investment of Rs 70 crore. The new plant in Kenya will serve at least three neighboring countries, besides catering to local demand.
In a statement Mr. T Venkataraman, Senior Vice-President (Global Buses), Ashok Leyland said
"We are setting up a bus assembly plant in Kenya through a wholly-owned subsidiary. This plant will have an annual capacity of 1,200 buses," Process of setting up of the Kenya plant will begin this quarter itself. This plant will also serve as an export hub for three neighboring countries, besides meeting local demand in Kenya," he added.
To meet the future challenges, Ashok Leyland has been focusing on new technology such as hybrids through its UK arm Optare Plc, in which it holds a 75.1 per cent stake.
Optare operates a range of 'Low Carbon', low-floor, mid-sized and modern range of city buses in the UK, Europe and North America, among others.