AP grants SGST waiver to Ashok Leyland for Rs 135 crore investment

Company to set up body building and chassis assembly line for buses and MCVs and HCVs

Hinduja Group company Ashok Leyland was granted a 10-year reimbursement of state GST besides other incentives on its green-field investment in Andhra Pradesh.

The company has proposed to set up a body building and chassis assembly line for buses and medium and heavy commercial vehicles with a total investment of Rs 135 crore in two phases, according to the industry department officials.

For this project the government has decided to allot 50 acre land at a concessional rate to the company besides another 25 acres for the ancillary units in Krishna district.

The state cabinet has approved the allotment of 50 acres of