ManagementAshok Leyland's Pantnagar plant to go onstream soon
Hinduja Group’s flagship company Ashok Leyland’s Rs 1,300-crore Pantnagar (Uttarakhand) plant is likely go onstream within the next few months. The plant would have an installed capacity of 50,000 units of commercial vehicles annually.
- Ashok Leyland"s Pantnagar plant to go on floor in few months - Gulf Oil enters into agreement with Biocon to sell pharma biz - Ashok Leyland may hike commercial vehicle prices by April - Ashok Leyland to supply 875 ULE buses to DTC this fiscal - ONGC-Hinduja JV loses Iran"s oilfield to China co - ONGC-Hinduja JV loses rights to dev Iran"s oilfield to China
Besides, the company is also planning to increase the capacity at its Alwar plant by 50 per cent this year.
“Work on the Pantnagar plant is progressing well and we hope to inaugurate it within a few months. The plant would have an annual installed capacity of 50,000 units,” Ashok Leyland Executive Director (Marketing) Rajiv Saharia told reporters here.
He, however, did not specify a time-frame for the inauguration of the plant.
The company has six plants across the country with an annual installed capacity of 100,000 units.
Ashok Leyland has a contract with various state and local transport bodies under the Jawaharlal Nehru National Urban Renewal Mission (JNNURM) to supply 5,000 buses during this fiscal.
“The Pantnagar plant would further boost our capacity at a time when the market is showing signs of revival,” Saharia said.
He added that the company is also looking to increase the capacity of its Alwar plant by 50 per cent to 300 ultra low entry (ULE) buses a month, from 200 units at present.
“The capacity expansion at the Alwar plant would be carried out within this fiscal,” Saharia said. Ashok Leyland has a contract with the Delhi Transport Corporation (DTC) for the delivery of 875 ULE buses this fiscal.
The Alwar plant of Ashok Leyland also manufactures bus chassis. Around 110 units of chassis are made everyday there.