Ashok Leyland, one of the largest commercial vehicle manufacturer, plans to set up a bus plant in Andhra Pradesh, it was announced on Wednesday.
The plant is proposed on 75 acres of land in Malavalli Industrial Park in Krishna district near here. It will have the capacity to produce 4,800 buses per year.
Ashok Leyland CEO & MD Vinod K. Dasari met Chief Minister N. Chandrababu Naidu here on Wednesday and informed him about the proposal.
The facility will have the potential of directly and indirectly employing over 5,000 people, said a statement from the Chief Minister's office.
The facility will also contain an electric vehicle development centre comprising of a futuristic conveyor line, pilot assembly line and prototype development.
Also Read
The plant will be a green facility, with roof top solar panels, LED lighting, battery operated vehicles for in-plant movement, positive water balance and zero discharge, it added.
--IANS
ms/vd
Disclaimer: No Business Standard Journalist was involved in creation of this content