The third company to be set up by the two firms is for technology development. It would be responsible for development of LCVs and related powertrains for Indian and select global markets.
The products developed would be sold under both Ashok Leyland and Nissan brands. Ashok Leyland managing director R Seshasayee, two days ago at the Delhi Auto Show, said: “We had identified three locations, now we have shortlisted two — Tamil Nadu and Andhra Pradesh.”
Epaper
Newsletter
Stocks
Weather
Horoscope
