Ashok Leyland's Bold Move: New Greenfield Bus Plant in Uttar Pradesh

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Updated On: 16-Sep-2023 05:12 AM

As part of this collaboration, Ashok Leyland will primarily focus on the production of electric buses, with the option of also assembling additional vehicles fueled by currently existing fuels as well as emerging alternative fuels.

The Hinduja Group's Indian flagship, Ashok Leyland, has inked a Memorandum of Understanding (MoU) with the Government of Uttar Pradesh.

Ashok Leyland, one of India's leading commercial vehicle manufacturers, has announced its ambitious plans to establish a greenfield bus manufacturing plant in Uttar Pradesh. The move comes as part of the company's commitment to sustainability and its vision to contribute to a cleaner, greener future.

The Hinduja Group's Indian flagship, Ashok Leyland, has inked a Memorandum of Understanding (MoU) with the Government of Uttar Pradesh. The agreement enables the company to establish an integrated commercial vehicle bus plant focused on green mobility in Uttar Pradesh, the state's first Ashok Leyland plant.

Manoj Kumar Singh, Uttar Pradesh's Infrastructure and Industrial Development Commissioner, and Shenu Agarwal, Ashok Leyland's Managing Director and CEO, signed the MoU. Yogi Adityanath, Chief Minister of Uttar Pradesh, presided over the signing ceremony in Lucknow, which was also attended by Nand Gopal Gupta, Minister for Industrial Development, Export Promotion, NRI, and Investment Promotion, Government of Uttar Pradesh, and Dheeraj Hinduja, Chairman, Ashok Leyland.

The new greenfield bus manufacturing facility is set to be a state-of-the-art, modern plant equipped with the latest technological advancements in EV manufacturing. Located in the heart of Uttar Pradesh, this facility is expected to have a production capacity of several thousand buses per year, including electric and alternative fuel-powered vehicles.

This initiative aligns perfectly with the Indian government's emphasis on reducing carbon emissions and promoting clean and sustainable transportation solutions.

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Ashok Leyland's decision to set up this greenfield plant in Uttar Pradesh has been met with enthusiasm by local authorities and residents. The move is poised to bring significant employment opportunities to the region, stimulating economic growth and development. Additionally, it is expected to boost the demand for local suppliers and contribute to the overall industrial ecosystem of the state.

Dheeraj Hinduja, Executive Chairman of Ashok Leyland, stated, "As we celebrate Ashok Leyland's 75th anniversary this year, the signing of this MoU with the Government of Uttar Pradesh to establish a manufacturing plant in the state reaffirms our commitment to shaping the future of the Commercial Vehicle Industry."

The manufacturing facility will initially have a capacity of 2,500 buses per year when it begins operations. Over the following decade, the business plans to progressively increase its capacity to accept up to 5,000 vehicles per year. Once operational, this will be Ashok Leyland's sixth automobile plant in the country.

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In recent years, Ashok Leyland has been making significant investments in research and development to enhance its electric vehicle technology. This announcement by Ashok Leyland is a testament to the company's commitment to innovation and sustainable manufacturing practices.

By setting up a cutting-edge greenfield bus manufacturing plant in Uttar Pradesh, the company aims to be at the forefront of the Indian electric vehicle revolution, promoting cleaner and more efficient public transportation solutions while fostering economic growth in the region. It's a significant step forward for both the company and the country in their journey towards a greener and more sustainable future.