· Manufacturing & Investment · Source: thehindubusinessline.com

Ashok Leyland to invest ₹1,000 crore in FY27 to scale EV, battery and alternate-fuels

Ashok Leyland plans to invest ₹800–1,000 crore in FY27 to expand its electric mobility, battery manufacturing and alternate-fuel capabilities. The company’s Tamil Nadu battery-pack facility is a key focus, aimed at reducing import dependence, strengthening supply-chain resilience and improving EV economics. The investment marks a shift from asset creation toward commercial deployment, as Ashok Leyland seeks to scale cleaner commercial vehicles profitably.

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