A Joint Venture to develop, manufacture and co-operate for the manufacture and distribution of Light Commercial Vehicles under both the Ashok Leyland and Nissan brands. The Joint Venture has three separate companies with different share-holding structures:
A vehicle manufacturing company in which the shareholding is Ashok Leyland: 51% and Nissan: 49%
A powertrain manufacturing company in which Nissan has 51% and Ashok Leyland 49%
A technology development company which is owned 50:50 by both partners
John Deere & Company
A 50:50 Joint Venture to manufacture and market construction equipment under both the Ashok Leyland and John Deere brands. The JV will commence production by 2010 and will initially roll out Backhoes and Four-wheel-drive Loaders.
Automotive Infotronics
A 50:50 Joint Venture set up to design, develop and adapt infotronics products and services for automotive customers and will cater to the requirements of Ashok Leyland and available opportunities with other vehicle manufactures in India and overseas.
Ashley Alteams
A 50:50 Joint Venture to produce High Pressure Die Casting (HPDC) aluminum components pre-dominantly for telecommunications & automotive sectors.
