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Ashok to Expand and Divest

Ashok Leyland has big plans to expand capacity, according to this report.

At the same time, it's also talking about divesting some of its stake in the Nissan LCV JV in which it is currently the 51 per cent majority owner.

Which, on balance, suggests some confidence in the Indian CV market. Do we share in this?

Probably not.

 

 


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This page contains a single entry from the blog posted on June 18, 2008 12:45 AM.

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