Ashok Leyland and Japanese automobile major Nissan on Monday inked a pact with the Tamil Nadu government for setting up a manufacturing facility in Chennai to roll out 0.19 million light-range vehicles, reports Business Line.
Leyland also plans to set up a heavy vehicle factory with a capacity of 100,000 vehicles per year. A memorandum of understanding for these projects, with an investment of Rs 14.5 billion was signed by these companies with the Tamil Nadu government.
These projects will come up at Ennore and Hosur, where Leyland already has units and at Pillaipakkam in Kancheepuram district.
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