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Ashok Leyland mulls major investment plans

Friday, 05 Mar 2010
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Ashok Leyland, the commercial vehicle manufacturer, is planning to invest around Rs 3,000 crore over the next three years.

The investment is primarily for its light commercial vehicle JV with Nissan and another partnership with John Deer for making construction equipment. It will also invest a smaller amount into its Alwar facility in Rajasthan to make it into a fully integrated bus plant.

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