ASHOK LEYLAND TO DOUBLE PRODUCTION IN UNITED ARAB EMIRATES
Commercial vehicle maker Ashok Leyland has announced the expansion of its Ras Al Khaimah plant in the United Arab Emirates (UAE) with an investment of US$10 million. The company said it plans to double bus production capacity and introduce new product lines.
UAE newspaper Khaleej Times reported that the company currently has an output of twelve buses a day, and the investment will enhance this to 24 buses daily by the end of 2016, apart from the production of trucks at the factory.
Ashok Leyland Managing Director Vinod K. Dasari was quoted by the newspaper as saying that the plant was key for the supply of buses to address the needs of Gulf Cooperation Council (GCC) countries, and with Ashok Leyland’s ambitious plans for Africa, the company may further expand the facility.
Ashok Leyland’s Ras Al Khaimah factory is a joint venture with the Ras Al Khaimah Investment Authority (RAKIA) and is the only certified local bus factory in the UAE and GCC region. Inaugurated in December 2010, the plant will more than triple its annual installed capacity to 6000 units a year, the company said.