1. Home
  2. >

Built to inform

Sign up for the daily newsletters

No, Thank you

Ashok Leyland, Deere JV to manufacture equipment

Ashok Leyland, the flagship of the Hinduja Group in India, and US-based Deere & Company have formed a joint venture to initially manufacture and market backhoes and four-wheel-drive loaders that will be sold in India and exported to other markets. The joint venture plans to provide a full line of construction equipment in future years.

Ashok Leyland is the second largest manufacturer of commercial vehicles in India. Initial production is planned for early 2010.

R Seshasayee, managing director, Ashok Leyland, said: “We see huge synergies between this business and our existing one of commercial vehicles, in terms of aggregates, parts and distribution network. John Deere is a technology leader with an impressive portfolio of proven and popular products.”

Samuel R Allen, president, worldwide construction and forestry division, John Deere, said: “India is an important market and Ashok Leyland is a knowledgeable partner with strengths in brand recognition, distribution, quality manufacturing, and loyal employees and dealers.”

Most Popular

Awards

Olympia Group announces to build up 1.1mn sq-ft greenfield it park in Guindy
The project will have a total investment of about Rs 750 crore

Conferences

Vital pre-monsoon building works resume in Maharashtra
The state government has permitted pre-monsoon work by BMC and other agencies

Latest Issue

June 2020
10 Jun 2020