Large Bus Manufacturer Considers Production in Kazakhstan
Photo: ashokleyland.com
Indian automotive giant Ashok Leyland is exploring opportunities to establish production in Kazakhstan, Orda.kz reports, citing the Ministry of Foreign Affairs.
The potential collaboration was discussed during a meeting between Ashok Leyland Vice President Yash Pal Sachar and Kazakhstan's Ambassador to India, Nurlan Zhalgasbayev.
The company is assessing the feasibility of entering the Kazakh market by opening an official distribution center, with plans for gradual localization of production in the country,the Ministry stated.
In addition to vehicle production, discussions covered investment opportunities in various sectors, including defense, hospitality, pharmaceuticals, and food production.
Ashok Leyland is a flagship company of the Hinduja Group, one of India’s largest conglomerates. The company specializes in commercial vehicles, trucks, and buses. According to the Ministry of Foreign Affairs, Ashok Leyland ranks third globally in bus manufacturing.
Original Author: Igor Ulitin
Latest news
- Iran Signals Openness to Nuclear-Weapon-Free Treaty
- Iran Launches Major Missile Strike on Israel as Conflict Escalates
- Kazakhstan to Control Future Nuclear Power Plant, Eyes China for Second Project
- Experts Comment on Rosatom Being Chosen to Lead International Consortium for Kazakhstan’s First Nuclear Power Plant
- No Investigation Into Former Defense Minister Zhaqsylyqov, KNB Confirms
- Escalation in The Middle East: Kazakhstan Urges Restraint, Halts Flights Over 6 Countries
- Israel and Iran Exchange Strikes Amid Escalation
- Rosatom Chosen to Lead International Consortium for Kazakhstan’s First Nuclear Power Plant
- “Holding On”: Life Continues in a Deregistered Qostanay Village
- Two Kazakh Students Admitted to Prestigious U.S. Military Academy
- Deputy's Son, Nurasyl Bolat, Seeks Fine In Lieu of Sentence
- Major International Brand Relocates to Kazakhstan
- No Municipal Use Planned for Massimov’s Confiscated Mansion
- Cross-Border Steppe Fire Sparks Back-and-Forth Between Russia and Kazakhstan
- U.S. Lawmakers Reaffirmed Willingness to Lift Jackson-Vanik Trade Restrictions for Kazakhstan
- Muratkhan Tokmadi Denied Sentence Reduction Once Again
- Security Council Situation Center Head Relieved
- Kazakhstan and U.S. Discuss Trade, Critical Minerals, and Agriculture
- Kazakhstan Identifies 38 New Sites with Mineral Potential
- Qazaq Banki’s Collapse: What It Cost KazAgro
