Wednesday, 15 December 2010

Ashok Leyland to open assembly plant in UAE - The Economic Times

The Hinduja Group flagship Ashok Leyland on Thursday will inaugurate a vehicle assembly plant in UAE's Ras al Khaimah Investment Authority (RAKIA).

The plant will be inaugurated by Sheikh Saud Bin Saqr Al Qasimi, UAE's Supreme Council Member and the Ruler of Ras Al Khaimah in the presence of Srichand P Hinduja, Chairman of Hinduja Group.

In October 2006, Ashok Leyland had signed a MoU with RAKIA for setting up the assembly unit, which eventually be upgraded to a vehicle assembly plant (for trucks and buses) in the second phase.

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