Ashok Leyland To Set Up Rs 500-Crore Unit In Telangana

Hyderabad: Commercial vehicle maker Ashok Leyland on Monday entered into an agreement with the Telangana government for setting up a 'body building unit' in the state with an investment of Rs 500 crore. The unit, to be established in phases with an investment of Rs 500 crore, would provide employment to 1,000 people directly and hundreds of others indirectly, a release from the Chief Minister's Office said. A memorandum of understa...