Overview
- Union ministers Nitin Gadkari and H. D. Kumaraswamy joined the ceremony alongside Ashok Leyland chairman Dheeraj Hinduja and MD & CEO Shenu Agarwal.
- The Sarojini Nagar Extension-1 facility is an integrated chassis and bus unit designed to serve domestic and international markets.
- The plant will produce commercial vehicles across electric, internal-combustion, and alternative-fuel platforms, with capacity scalable to 5,000 units per year.
- State officials highlighted fast-track approvals following a 2023 MoU and January 2024 Letter of Intent, underscoring Uttar Pradesh’s manufacturing push.
- Dheeraj Hinduja said the site is the company’s first in Uttar Pradesh, will support jobs and the MSME ecosystem, and coincided with a share price gain of about 2.7%.