Workers weld the cab of a vehicle on an Ashok Leyland Ltd. production line in Hosur, India. (Photographer: Rogan Macdonald/Bloomberg News)  

Ashok Leyland To Utilise Its Surplus Cash On Capacity Expansion, EVs

Ashok Leyland Ltd. plans to invest its excess cash on capacity expansion and electric vehicle projects.“We are debottlenecking capacity for future growth as we have not had any significant capital ...