Ashley Alteams India, a JV between Ashok Leyland and Alteams of Finland, on
20 January 2010, inaugurated its new manufacturing facility for the production
of aluminium high-pressure die cast (HPDC) components at Cheyyar in Tamil Nadu.
The newly opened facility set up at a cost of Rs 130 crore is expected to
produce components mainly for the automotive and telecommunications industries.
It has a production capacity of 7,000 tpa of HPDC products.
The JV company plans to invest another Rs 120 crore to augment the plant
capacity to 10,000 tpa by 2015.
Also See:
Ashok
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