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Ashok Leyland announces the formation of Albonair

Jun 19, 2008 at 16:30

Ashok Leyland, the Hinduja Group flagship, announced the formation of a new company ALBONAIR GmbH in Dortmund, Germany which will focus on the development, production and sales of exhaust after-treatment systems for environment-friendly diesel engines.

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Ashok Leyland invests INR 90 crore in foreign subsidiaries

Also, there are plans to build a new assembly plant at Longton in Staffordshire. The other investments by 1 Ashok Leyland was in Albonair Gmbh, Germany by way of loans to the tune of $0.89 million and $2.64 million in Optare Plc, UK. The UK company is a ...

May 13, 2012 at 04:08 | Source: SteelGuru

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