Ashok Leyland to invest in Uttar Pradesh greenfield electric bus plant

Date: 15 Sep 2023

Ashok Leyland has signed a Memorandum of Understanding (MoU) with the Government of Uttar Pradesh to set up an integrated commercial vehicle bus plant focused on green mobility in Uttar Pradesh, which will be the first Ashok Leyland plant in the state.

The MoU was signed by Manoj Kumar Singh, Infrastructure & Industrial Development Commissioner, Government of Uttar Pradesh and Shenu Agarwal, Managing Director & CEO, Ashok Leyland. The signing ceremony held in Lucknow was presided over by Chief Minister of Uttar Pradesh Yogi Adityanath, in the presence of Nand Gopal Gupta, Minister for Industrial Development, Export Promotion, NRI, and Investment Promotion, Government of Uttar Pradesh and Dheeraj Hinduja, Chairman, Ashok Leyland.

Under this partnership, Ashok Leyland will predominantly concentrate on the production of electric buses, with the flexibility to also assemble other vehicles powered by currently available fuels as well as emerging alternative fuels.

Welcoming Ashok Leyland in Uttar Pradesh, Yogi Adityanath said, “Today marks a historic milestone for the people of Uttar Pradesh as we extend a warm welcome to Ashok Leyland – India’s leading commercial vehicle manufacturer to partner our state by establishing a greenfield manufacturing plant here focused on green mobility. This addition reinforces our rapidly growing position as a manufacturing hub of repute within India. The Government of Uttar Pradesh is eager to attract private-sector investments aligned with our Net Zero mission. Mitigating emissions through cleaner public and freight transport is a vital step in that direction. We remain steadfast in our commitment to transitioning our entire fleet of diesel buses and commercial vehicles to electric and other alternative fuels in the coming years.”

Dheeraj Hinduja, Executive Chairman, Ashok Leyland said, “As we celebrate the 75th anniversary of Ashok Leyland this year, the signing of this MoU with the Government of Uttar Pradesh to establish a manufacturing plant in the state reaffirms our commitment to shaping the future of the Commercial Vehicle Industry. We are excited to venture into the vibrant state of Uttar Pradesh, and we are confident that this new facility will contribute positively to our shared objectives of generating employment opportunities and promoting sustainable mobility in India.”

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