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Ashok Leyland, Hinduja flagship firm is planning to set up two assembly plants in Africa besides doubling capacity at Ras al-Khaimah facility in the UAE this year as part of its global expansion.
Vinod K Dasari, Ashok Leyland Managing Director said that “We are looking at a couple of smaller assembly plants in Africa. We haven’t identified the location yet. Besides, we are also looking to double the capacity of our Ras al-Khaimah facility.”
He further said that as these are small facilities the company could invest around Rs 40-50 crore on each.
Detailing on UAE plan, he said that “We were doing four units a day, which has been increased to 12. By the end of 2016, we will double it to 24 units a day.”
