Ashok Leyland to enter airport bus market

Posted May 9, 2007 | No comments yet

Chennai, 9 May 2007

Ashok Leyland Limited is planning a foray into the market for airport passenger buses.

With an eye on a share of the airport bus market, Leyland has lined up three buses under the brand name ‘Avion’ for this segment.

Leyland currently operates airport passenger buses for national carrier Air-India, and would sign agreements for similar services with other aircraft carriers this year, Ashok Leyland managing director R Seshasayee told the media.

Leyland is also laying emphasis on offering a range of fully-built vehicles, including buses and trucks this year, he added.

The company expects the first phase of its integrated manufacturing plant being set up at Pantnagar, Uttarakhand, to be complete by the second half of 2008-09. The second phase is expected to be completed by March 2010.

By the end of the second phase, Ashok Leyland expects to be rolling out 1,60,000 vehicles annually out of this plant.

News Source: http://www.business-standard.com