Tada in race for bodybuilding unit of Ashok Leyland
Hyderabad: If things move in the right direction, Tada, near Andhra Pradesh-Tamil Nadu border, is all set to acquire a bodybuilding unit of Ashok Leyland, the second largest commercial vehicle manufacturer in the country.
A proposal to this effect was made by the Hinduja brothers to Chief Minister Y.S. Rajasekhara Reddy when they met him here on Monday.
The unit with a capacity to roll out 50,000 vehicles annually is expected to cost around Rs.1, 250 crores.
The company has, however, kept its options open and is continuing its negotiations with Uttaranchal and Himachal Pradesh in this regard in view of the incentives being offered there.
source
Hindu
A proposal to this effect was made by the Hinduja brothers to Chief Minister Y.S. Rajasekhara Reddy when they met him here on Monday.
The unit with a capacity to roll out 50,000 vehicles annually is expected to cost around Rs.1, 250 crores.
The company has, however, kept its options open and is continuing its negotiations with Uttaranchal and Himachal Pradesh in this regard in view of the incentives being offered there.
source
Hindu