Commercial vehicle maker Ashok Leyland has drawn up an ambitious growth plan. Launch of over 20 new models of buses and trucks, including their variants, new engine technology and production of completely built-up mini-buses and long-route luxury buses, over the next two years, are part of the strategy.
The Chennai-based company will also launch the modular cab system around 2005. It is investing Rs 140 crore, through internal accruals, for the expansion and model upgradation, the company said here today.
Ashok Leyland executives also indicated plans for