Ashok Leyland launches Pantnagar plant
Ashok Leyland, a flagship company of Hinduja group, has inaugurated its Pantnagar plant which has got capacity to roll out 75,000 vehicles annually with provision for further expansion. The company will manufacture only fully-cabbed trucks on the U-truck platform which it plans to sale from April this year.
The company says CNC flexible roll forming technology has been introduced for the first time for frame manufacture which would offer manufacturing flexibility to form the entire variety of frames and accommodate future model requirements and design changes with no fresh tooling.
Set over 190 scenic acres, the Pantnagar plant of Ashok Leyland is also its largest manufacturing facility. It has got all the latest generation equipments sourced from Japan, USA, Europe and India.
The company says the primary considerations for putting up the new Pantnagar plant have been to maximise local value utilisation and create employment both directly and indirectly for the local population. The auto major aims at reaching over 50% of local procurement by the end of the year which, it said, would translate into excise duty exemptions and VAT rebates.
The company has invited its key vendor partners to set up shops in Uttarakhand to help provide better supply chain.