To avail the advantages of diversification and reap the benefits of entering profitable adjacencies, we have forged a series of 50:50 Joint Ventures (JV) with various global leaders.
Joint Ventures
To fill a significant gap in our range, we have joined hands with Nissan Motor Company, Japan, to develop and manufacture Light Commercial Vehicles, under both the Ashok Leyland and Nissan brands, in the 2.5 to 7.5 tonne segment. The JV resides in three separate companies for Vehicle Manufacturing, Power Train Manufacturing and Technology Development. The first offering from this stable, the 2.5 tonne DOST, has just hit the Indian market.
With our JV with John Deere, USA, we aim to seize the opportunities of the robustly growing construction equipment sector with products like Backhoe Loaders, Four-wheel-drive Loaders, Skid Steers and Excavators under both the Ashok Leyland and John Deere brands.
This is a JV with Continental AG, Germany to design, develop and adapt infotronics products and services for automotive customers and meet the requirements of our vehicles and, at the same time, avail of opportunities with other vehicle manufactures in India and overseas.
Ashley Alteams is a JV with the Alteams Group, Finland, and is in the business of producing High Pressure Die Casting (HPDC) aluminum components pre-dominantly for telecommunications and automotive sectors.
