Ashok Leyland's Chairman Emeritus, R J Shahaney passed away on Tuesday after a brief illness. Shahaney was Ashok Leyland’s first Indian managing director and served in that capacity from 1978 till 1998. He subsequently served as the company's chairman until 2010.
Shahaney laid the strong foundation in manufacturing, engineering and technology for the company. In an era when Ashok Leyland, being a foreign company, faced challenges for growth, he had the courage to embark on an expansion plan led to the company's growth. The plants at Hosur, Alwar and Bhandara came up during his tenure.
He was also instrumental in