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Ashok Leyland to invest Rs 400 cr on new LCV development

Ashok Leyland to invest Rs 400 cr on new LCV development

Tuesday, March 28, 2017, 3:13 PM

Hinduja flagship firm Ashok Leyland will invest Rs 400 crore to develop new LCVs within the next-two-years and plans to triple its sales in the segment by 2019-20. The company, which had last year parted ways with Nissan after a tumultuous relationship, is now looking to make up for the lost time, eyeing export markets with new models to be developed on two new platforms.
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