Joint venture paves way for Ashok Leyland to enter equipment market

02/18/2010 | Economic Times (India), The

Ashok Leyland, a large commercial vehicle maker in India, is finalizing its plans to enter the equipment industry after entering into a joint-venture agreement with John Deere two years ago. The venture, which has already started testing products, will take off in December, and Ashok Leyland is setting up a facility to produce backhoes, four-wheel-drive loaders and other equipment.

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Economic Times (India), The

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